Rosalinda is a diligent mother, who is blessed with three adult children. She owns and manages a retail store within the local community.
She aims to make her business profitable in order to satisfy their daily needs and to save for future emergencies. She plans to acquire more stocks of grocery items to sell, but she has limited capital. For this reason, Rosalinda is asking for a loan of PHP 20,000.00 to buy additional stocks of soft drinks, beverages, snack foods, laundry soaps, noodles, seasonings and frozen foods to resell.
Through her patience and hard work, she believes that she will further improve the 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.