Jennifer, 27 years old, is married and blessed with three children. They are currently residing at the village of Napaccu Grande. She owns and operates a food production business, specifically selling frozen foods such as hot dogs, hams, and cured pork, in this business, she earns a net income amounting to PHP 8,000 a month. She would like a loan of PHP 20,000 to purchase frozen food products to sell. She's hoping that her requested loan will be granted so that she can improve her business.
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.