Susan, 36, is married and has six grown up children. She managed a retail store for ten years. Aside from her retail store, she also sells pots in the community. To have additional income, Susan is requesting a loan of 23,000 PHP to purchase 1 box of vinegar, 1 box of milk, drinks and spices for her store. Susan is a very diligent person and she makes sure she can provide for the needs of her family.
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.