Thelma is a strong-minded individual who aims to become successful someday. She is 37 years old and has three children. Through her patience and hard work, she is able to support the needs of her family but unable to save funds for the educational purposes of her children. Therefore, she wants to increase her sales at her retail store. To further make this possible, she is requesting a loan of 8,000 PHP to buy soaps, biscuits, noodles, eggs, candies and toothpaste for resale. She believes this loan would be of great help in making her business productive.
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.