Lucila’s goal in life is to give her children a better way of living and to send them to school to finish their college education.
Lucila is in her forties. She is married and blessed with four children. She is sending two of her children to school. They are in college and elementary school. Her two oldest children already finished their college. Lucila’s husband is farmer and a tricycle operator as well.
Lucila has run her sari-sari store business for 14 years. She wishes to expand her business site to become a grocery store someday. She will manage the business well.
She works hard to increase her profit and be able to expand the business and reach her goal in life, too. In this connection, Lucila is requesting a loan of PHP 30,000 to buy grocery items in the market and sell them in their village. She hopes to attain her wish and goal in life soon.
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.