Imelda is 45 years old and engaged in a direct selling business. There are competitors in her chosen field, but Imelda is a woman that is very competitive. Since 2007, with the God’s grace, her business is continuously earning. Her income every day is not sufficient to purchase the requested products of her loyal customers. Given this situation, she is requesting a loan of 25,000 Philippine pesos to buy deodorant, powder, lotion, lipstick and shampoo. She believes that, with her loan and very friendly character, she will garner success in her business as well as their living in the future.
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.