Johaira has been engaged in the footwear business for ten years. She is married and is a business-minded person.
Johaira would like to have continuous improvement of her business. That's the reason she is asking for a loan of PHP 35,000, which will be used to buy stocks of different kinds of shoes and sandals for sale.
She knows that through her requested loan amount she can earn greater profits, enabling her to get ahead in life and save some for emergency purposes.
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.