Rachel is 36 years old and single. Her ambition in life is to become successful and financially stable to help her parents in financing the education of her younger brothers and sisters. Due to a lack of job opportunities, she put-up and manages her own computer shop near the school campus. She planned to acquire additional computers but she does not have enough capital. In this regard, she is asking for additional capital of P 25,000.00 to buy the additional computers. She believes that her loan will help her to improve the business and she hopes that 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.