Valeriana is 57 years old, married and had four children. Two are still in college. Valeriana makes use of her skills in sewing curtains and school and office uniforms for income. She has been in the business for over 10 years now and still wants to improve it.
She is now asking for a loan of 20,000 PHP (Philippines pesos) to invest in her business and keep improving her output. She will buy threads, scissors and fabrics to use in her business.
Someday, Valeriana hopes to maintain good sales and income to keep extending better services to all her customers. This will also help her achieve the financial security necessary to educate her 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.