Wilma is 53 years old and lives with her husband and two children in the village of San Fernando. She is lively and innovative and has worked throughout her life to give her family a good quality of life. She opened a store based in their home and has offered a variety of basic needs for two years. She works hard in her business. She is asking for a loan of PHP 10,000 to buy a variety of items such as noodles, eggs, canned goods, beans, sugar, salt, detergent and other items to sell that are attractive to her customers. This way, she hopes to enhance the quality of life for her family, which is the most important thing to her.
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.