Teresita is happily married, having three children. She is a responsible and resourceful woman. Her main goal is to have an increased income so she can send her youngest child on to a higher level of education. Her eldest son is a mechanic, while her daughter is a sales lady. Her family works together in order to earn a living.
Teresita has owned a retail store since 2004. She is really grateful to the Lord because her sacrifices have had a fruitful outcome.
Teresita plans to increase the volumes of her grocery sales, but because of insufficient funds, she is requesting a loan amount of PHP10,000.
She hopes and prays for continuous improvement of her retail store so that she can gain greater profits that will enable her to sustain her family's basic necessities and educate her youngest child.
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.