Leticia has owned a general store since 2009. With her patience and hard work, she has been able to improve her general store.
Leticia is a responsible wife and mother to her three grown children. She has been able to educate her three children from the profits she earned through farming and her general store.
Leticia would like to expand the merchandise she offers to her local community. For this reason, she is seeking a loan of PHP 30,000, which will allow her to buy merchandise for her store such as eggs, canned goods, sugar, cooking oil, soft drinks and assorted biscuits. Expanding her inventory will enable her to satisfy her customers' demands and earn a higher income.
She is grateful for the help she has received from lenders. It has enabled her to improve her way of life and make her general store a stable source of income.
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.