Winie is a diligent mother and wife who is engaged in running a sari-sari (variety) store business. She is 32 years old and has only one child. Winie aims to become successful and financially stable in order to have a better future. Her eagerness to strengthen her business pushes her to request a loan of 10,000 PHP in order to buy more groceries to stock and sell. She is hoping that her loan request will be granted so that she can further develop her variety store business.
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.