Imelda manages a hog raising, farming, direct-selling business and grows vegetables to sell in her backyard. She has managed her farming and hog raising business since 2006 while her direct-selling business has been underway for five years. Imelda would like to her business to succeed and become a well respected business in her town so she's doing all her best in order to fulfill her dreams in life.
Imelda is married and blessed with three children. Two of her children are still studying while the other helps on the farm. Since her direct selling is going well, she is in need of additional capital to supply and satisfy the costumer demand. For this reason, she is seeking a loan for PHP 40,000. This amount will be used to buy herbal products such as juice, coffee, regrowth shampoo and foot powder for her retail business. She hopes and prays for approval of her requested loan amount.
About Alalay sa Kaunlaran, Inc.
This loan is made possible by Alalay sa Kaunlaran, Inc. (ASKI), which means “a partner in development.” ASKI has been in operation for 25 years and runs multiple successful initiatives in addition to microlending. Its main microfinance branch focuses on lending to microentrepreneurs, small farmers, and fisher folk. ASKI also provides microinsurance and marketing support for borrowers, as well as educational programs to develop the skills of both borrowers and staff. The ASKI Foundation funds community development projects such as a daycare feeding program and scholarships for children. ASKI Global helps overseas Filipinos develop entrepreneurial and financial skills to maximize the impact of remittances.