Barbienovee, 38, has been working on her sari-sari (variety) store business for eight years. Her business is a blessing to her because it provides her income that is used for her daily expenses. She wants to continue as well as exceed the usual income to save for her future and for emergency purposes.
Now, Barbienovee is requesting a loan of 15,000 PHP (Philippines pesos) to purchase additional goods such as soft drinks, a variety of canned goods, soy sauce, sugar and spices. She hopes to increase her sales through these additional products to offer.
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.