Arsenia is 55 years old, married, and has four grown children. Three of her children are married and the fourth one is working.
Arsenia sells different kinds of slippers, sandals, shorts, pillowcases and blouses. She has been working in this kind of business for four years and four months. Arsenia would like to have a continuous supply of products for her business. She is asking for a loan of 18,000 PHP to purchase more sandals, slippers, shorts, pillowcases, and blouses. She hopes to obtain this loan so she can secure her family's future and provide for their basic needs.
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.