Belina is 45 years old and married; she does not have any children. She buys and sells dry goods to help her husband in generating income. She aims to improve the business, generate sufficient income to satisfy their necessities, and save for future emergencies.
To improve the business, Belina is asking for a loan of PHP 15,000 to buy more stock of t-shirts, blouses, skirts, pants, jackets, sweaters, and underwear to sell.
Through this financial assistance, she believes she will make additional improvements in the business, and hopes she will become successful in the future.
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.