Sherry Ann, 24, is borrowing 5,000 PHP as additional working capital for her retailing business. She will use it to purchase face powder, lipsticks, shoes, slippers and eyeliners. These goods would possibly create better earnings. She hopes that her requested amount will be provided. She is aspiring for a better way of living for her family, so she really gives her best to earn a good income for them.
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.