Rufino Jr. is 37 years old, married with four children. All his four children go to school. Rufino Jr. is a hard-working and business-oriented man. He aims to improve his financial stability, have a comfortable lifestyle and let his four children finish their studies.
Rufino Jr. plans to buy boxes of fish sauce, five kilos of dried flying fish, five gallons of cooking oil, three kilos of dried squid and trays of eggs for his general store. In this situation, he is asking for a loan of PHP 50,000.
He knows that this loan amount will keep his general store profitable and progressive. He would be thankful enough if his requested loan amount is granted.
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.