Janice is 29 years old, is married, and has two children. She sells snacks such as banana cue and camote cue. She is patiently selling every morning to earn and save money for her children. She is now asking for additional capital of PHP 13,000 to buy camote, bananas, sugar, milk, and cooking oil. In the future, Janice would like, through her loan, to have better sales from her business in order to provide a bright future for her family.
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.