Susan is 46 years old, married and blessed with five children. Currently, two of her children go to school. Susan owns and operates a general store. She has been running this kind of business for over five years.
Susan's main goal is to increase the income she generates and to make it a stable source of her family income. With regards to this matter, Susan is seeking additional capital of PHP 7,000 which will allow her to purchase stocks of groceries and rice. She knows that through completeness of grocery items she offers, she could obtain greater income and satisfy all her customer demand.
Susan is looking forward to approval of her requested loan. In this way, she can keep her general store profitable and a stable source of her family income.
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.