Pacita is a mother and entrepreneur. She is 55 years old and her spouse is a farmer. They have two children. The eldest is working in a restaurant while her youngest is in high-school education. To supplement her spouse's income, Pacita sells grocery items in her small store. She also raise hogs to re-sell for a profit. Together, they generate income for the family.
Pacita is a business-minded woman that is why she keeps on gaining good profits from her businesses. She has insufficient fund to buy more merchandise that is why she is asking for a loan of PHP 50,000 to buy canned goods, biscuits, eggs to sell. She will also buy feed and medicines to sustain her hogs.
Good income from the business will help her achieve economic stability. She hopes to keep extending her good products and services too.
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.