Jovita is 46, married and has only one child. She lives in a rural community and manages a small retails store. She and her husband aim for a happy and successful life someday. They help each other in generating income to cover their necessities and save for their future. Jovita wants to improve her retail store to increase her income. Having inadequate capital, she would like to avail a loan of PHP15,000.00 to buy more stocks of noodles, canned goods, beverages, seasonings, laundry soaps,snack foods and soft drinks to sell. Through patience and strong determination, she believes that she will make her dreams into reality.
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.