Trifina is married with three grown-up children. All her children have married and have their own families. Trifina and her husband both work hard in order to earn enough to make a living.
Trifina manages a retail store within her local community. At her age, 58 years old, she aspires to make it a stable source of her income. So she's doing her best in order to achieve this. According to her, she wants to increase the volumes of merchandise she offers within her local community but her capital for her store is no longer enough.
For this reason, she is seeking a loan of PHP 20,000. She will use this amount to buy merchandise such as cooking oil, sugar, coffee, eggs and canned goods for her retail store. She believes that her success relies on adaptation to new marketing strategies and continuous access to financial services from lenders. She is hoping for continuous improvement of her retail store.
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.