Dahlia operates a retail store to generate income. She sells grocery items from 6am-7pm and acquires about P10,000 each month.
Dahlia is 47 years-old and married to a tricycle driver. They have two children. She is now asking for a loan of P25,000 in order to invest in buying more merchandise to sell in her store. She will buy soft drinks, breads, noodles, soap and shampoo to sell. This will help her improve her income and meet the demands of customers who come to buy merchandise from her store.
In the future, Dahlia hopes to keep improving sales and to earn money to save and use in times of emergencies.
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.