Arlene is 41 years old and has one child, who attends elementary school.
She has been running her sari-sari store business for nine years. Arlene has been steadily growing her small store over the years of managing her business.
Arlene dreams that her sari-sari store will become a grocery store someday. She is asking for a loan of PHP 50,000 to buy grocery items, like condiments, drinks, breads and powder milk for babies.
She hopes to increase her profit, which she will use to improve the business and help her achieve her dream someday.
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.