Teresa's determination pushes her to strive hard to obtain her goal in life. She is married with one child. Teresa has run a variety store for more than 10 years. She is thankful because her perseverance and patience resulted in a little success.
Teresa's previous loans helped her a lot, most especially in improving her financial stability and way of life. This time, she still aims for a continuous smooth flow of her business. For this reason, she is asking for another loan amounting to 20,000 PHP (Philippines pesos). She will use this amount in buying stock of grocery items such as eggs, cooking oil, soft drinks, canned goods, instant noodles and shampoo. Teresa hopes for approval of her requested loan amount in order for her to obtain better profit and progressive business.
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.