Judy is a diligent woman. She is 43 years old, married, and has five children. She is engaged in selling different commodities in the community as her way of helping her husband.
She aims to improve her business and make it profitable in order to help her husband finance the education of their children. Due to inadequate capital, she is requesting for a loan of PHP 8,000 to buy more stocks of cosmetics, food supplements, AVON products, and other accessories to sell. She is hoping that her loan request will be granted for her business and 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.