In order to meet the challenge of financial difficulties, Christy aims to improve her small variety store and generate more income. Christy is 26 years old, married, and has three siblings. Two of them are presently in grade school, and Christy's family wants them to continue their studies so that they can earn degrees.
To this end, Christy is asking for additional capital of 10,000 PHP to buy stock for her store such as snack foods, beverages, noodles, canned goods, soaps, eggs, soft drinks, and seasonings. She hopes that her business will continuously grow and become more profitable in order to provide for her family's 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.