Venus has run a retail store for two years. She is 25 years of age and married with two children. Venus aspires to have a stable source of income so she can give her children a quality education, support a comfortable lifestyle for them, and sustain their basic necessities. The couple both work hard to earn a living.
Venus would like to request a loan of 7,000 PHP, which allows her to buy stock for her retail store. She hopes for continuous access to financial assistance in order to fulfill her goal in life. Venus hopes for approval of her requested loan amount so she can continue to improve her sales and 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.