Cristina has operated her general store for seven years. She is 46 years of age, married to a farmer, and has three children. Aside from the general store, she is also engaged in a farming and livestock business.
Cristina would like to buy grocery items such as instant noodles, soft drinks, canned goods, and other kinds of groceries for her general store. For this reason, she is asking for a loan of PHP 25,000. She hopes to obtain this amount so she can improve her financial stability and have a better way of living. Cristina is looking forward to the approval of her requested loan.
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.