In an effort to increase his sales, Rolly is seeking the opportunity to access a loan of Php 7,000 so that he can buy hardwoods to produce charcoal for sale. This will enable him to offer a greater amount of charcoal and increase his sales. He hopes to attract more customers to his business and provide them with better service. By earning more income, his family will enjoy a better quality of life. He will also be able to continue to save for the better future of his five children.
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.