Lilibeth has been engaged in the general store business for 12 years. She is thankful because her previous loan has had a great impact in increasing her sales.
She is doing her best to be successful in the business and is asking for a bigger capital of PHP25,000 to invests towards further development of her general store. She will use the loan in buying grocery items such as frozen foods, cooking oil, sugar, canned goods and autoload max (prepaid cell phone credits) for her general store.
She hopes for continuous access of loans so she can continue to obtain greater income, educate her three children, and sustain her family's well-being.
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.