Revelita is 65 years of age, married and blessed with eight children. She is grateful because her hard work and determination has helped her in the realization of her dream to her eight children. Revelita offers construction supplies, electric appliances and kitchen utensils for seven years. At her age, she sell the products through made to order.
Revelita aspires for continuous growth of her business, so she's requesting for a loan of PHP 45,000. This amount will be use to buy a washing machine, refrigerator, galvanized iron and electric wire for her vending activity. Revelita is hoping that she could obtain her requested loan in order to improve her financial stability and way of life.
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.