Violeta is 46 years old, a devoted mother of two children, who is engaged in a retailing business. Violeta has run her sari-sari store business for 26 years. Her duration of managing the business contributes to the knowledge of running the business.
As a responsible parent she wants the best for her children. Violeta is driven to work harder because she found a new goal in life. Violeta’s goal is to earn higher income and save it for her child’s placement fee who wants to work abroad. Because of this, Violeta is asking for a loan of PHP 30,000 to buy grocery items like toothpaste, shampoo, powder, juice and beverages to sell. Violeta hopes that someday her children will have a good 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.