Johna is 31 years old. She is married and blessed with two children. She hopes that someday, she will be able to send her children to school and college. To attain this dream, she needs to grow their business. And Johna needs funds to stock up her store. For this reason, she is requesting a loan of 7,000 PHP to buy detergent soap, canned goods, soft drinks, and noodles. She prays to maximize her income in order to save for their children’s education.
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.