Primer is 31 years old, married and has three children. Two of them are studying.
Primer sustains her children's daily allowances through her income from a retail business. She manages a small store while her spouse is a farmer. Together, they generate an income for living.
Now, Primer wanted to increase her income but had insufficient funds to buy more merchandise to sell. She is now asking for a loan of 16,000 PHP to buy canned goods, soap, shampoo, coffee and sugar to sell. This will help her acquire more sales and income. Someday she hopes to continue generating good profits for the education of her children.
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.