Rosalyn is 34-years-old, married and has three children. They are currently residing in the village of Manaoag. She has owned and operated a retail store in her village for almost 5 years and earns a net income of 14,000 PHP. She requests a loan of to 10,000 PHP to purchase rice, canned goods, biscuits, noodles, and beverages for resale. She's hoping that her loan request will be granted so that she can improve and expand her business.
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.