Gerilyn aims to improve her variety store to increase her income; that is why she is requesting a loan of PHP5,000 and will buy additional stocks of soft drinks, canned goods, snack foods, beverages, vegetables and frozen foods to sell. She is hoping that her loan request will be granted to further improve her operation of the business.
She is 32 years old and has three school-age children. Together with her husband, they aim to improve their status of living to give education to their children and uplift their living status. Despite the problems and difficulties that her family encountered in life, still they have the determination to achieve all their goals in life someday.
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.