Corazon is 55 years old, and had four children. She and her spouse manage their businesses; Corazon is a retail store owner; she also raises some hogs in her village.
She usually earns about PHP 10,000 in her businesses, just enough for daily meals and school fees. She wanted to increase her products, but had insufficient funds, so that is why she is asking for a loan of PHP 10,000 to buy canned goods, eggs, breads, and soft drinks to sell.
Corazon hopes to keep improving her retail business and hopes she will grow as a successful entrepreneur.
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.