Pepita has run a tailoring business for forty years. She is an expert tailor within her locality. At age 64, she still aims for a progressive business.
With her determination to have an improved financial stability, she is requesting a loan of 10,000 PHP to allow her to buy stocks of garments and thread for her tailoring business. She hopes that her requested loan will be granted so that she can improve her way of living and obtain a better income for her family needs.
Pepita is looking forward to the success of her tailoring 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.