Felina has operated a variety store for over a year. She is 31 years of age, happily married and blessed with three children. Her main priority at this time is to increase her sales and profit so she can improve their living. She would like to take out a loan of PHP 8,000 allowing her to buy grocery items such as soft drinks, canned goods, noodles, and assorted biscuits. She hopes to get approval of her requested loan amount.
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.