Rosalina is 59 years old, married. She lives with her husband and children in Lanna.
Five years ago, Rosalina started a grocery business where she sells household products, such as basic grains, meats, bread, medicines, donuts, soft drinks, and toiletries. She has decided to request a loan in the amount of PHP 10,000 so that she can restock her store with basic grains, meats, dairy products, and other groceries in order to offer a wider and better variety of products. With this investment, she hopes to increase her sales and her income. She also expects to improve her quality of life so that she can help her children graduate.
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.