Mila is 52 years old, married and lives in Sampaguita. To make a living, Mila operates a store selling grocery items to the people in her village. She also sells livestock feed as additional income. Her spouse is her partner in managing the business. She hopes to keep increasing sales and wants to buy more merchandise. A loan of P50,000 will help supplement her funds to buy eggs, breads, noodles and livestock feed to sell.
With determination and patience, Mila will achieve more profit and a progressive life for her family someday.
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.