Susan manages a retail business in her village. She sells junk foods, biscuits and spices in her village. Her husband is farmer. When he has extra time, Susan’s husband operates their motorcycle to transport passengers for extra income.
Susan is happy living with her three children. With their source of income, Susan is able to send her children to school so they can finish their education. Susan wanted to continues to operate the business even if her children become professionals.
Susan is asking for a loan of PHP 8,000 to buy drinks, canned goods and rice to sell. She hopes to earn income to have savings for her future emergencies.
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.