Rubilyn has a general store. She has been running her business for over four years. She usually earns a net income of PHP 300 a day. To further improve her business, Rubilyn is asking for a loan of PHP 30,000 to buy grocery items such as canned goods, noodles, condiments, beverages and assorted bread to sell. She hopes that with this loan, her dreams for her business will come into reality. So, she is really hoping for loan approval.
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.