Josephine is from the village of Guam. She is 43 years old, married, and has four children. To provide for her family, she became involved in the retail business. She has been in this business for five years, and makes about PHP 300 daily.
Josephine dreams of lifting her children from poverty, which is why she works hard in her business. To this end, Josephine is requesting a loan in the amount of PHP 20,000 to buy more products for her store, such as condiments, assorted breads, beverages and noodles.
She hopes to grow her business in order to secure her family's future.
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.