Jonalyn, 26 years old, is married to a technician, and blessed with two children.She has owned and operated a retail store in their village for almost three years. With this business, she's earning a net income of 3,000 PHP a month.
She would like to get a loan of 10,000 PHP to purchase canned goods, coffee, milk, sugar, and beverages.
She's hoping that her store will become more profitable so that she can increase her income.
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.