Anastacia is a patient and hard working mother. She is 52 years old, and has five children, three of whom are attending school and in need of sustenance.
Anastacia sells grocery items to the people in her village. She patiently attends to her customers needs when they come to buy merchandise in her store. She is aiming for business progression and to achieve it, she needs to increase her merchandise. From this, she is asking for a loan of P 35,000 to invest in buying more items to sell. She will buy noodles, biscuits, eggs, soft drinks, soap and shampoo to sell.
With the help of this loan, she will conveniently offer good products and services and gain more sales and profits as well. Additional revenue will be saved for educational expenses of her children.
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.