Crestita has run a general store for 21 years. Aside from the retail business, she is also involved in the hog-raising and farming business. Crestita's husband is a barangay (local) official and a farmer.
Crestita would like to increase the volume of her stock merchandise in order to gain greater income and improve her way of life. In order to achieve this, she is asking for a loan of 13,000 Philippine Pesos (PHP). She hopes that her retail store will grow smoothly so she can make her dreams possible.
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.