Lucila is married with three children. She managed a store and sells a variety of products such as rice, canned goods, and spices.
Lucila aspires to have a continuous smooth flow of her retail business. That's the reason why she is borrowing a loan of PHP 20,000, which will be used to buy additional products to display such as rice, canned goods, and other spices needed within her community.
She's hoping for continuous access to financial services from lenders so she can meet the needs of her family and expand her retail store 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.