Shirline has operated her fruit and vegetable business for two years. She is 33 years of age and still single.
Shirline is a college graduate but she doesn't work in the field of her studies; instead, she enjoys her vending activity. She aims to re-stock her stall with a complete inventory of vegetables, selected fruits and ingredients. She is asking for a loan of PHP6,000. She knows that through this loan amount, she can also gain greater income enabling her to save for emergencies and to satisfy her customers' demand. Shirline believes that she will succeed in life and so will her business someday.
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.