Her general store is the primary source of income for Emelia. She has been running her business for three years. She is 48 years old, is married, and has four children. They live in the village of Guam.
At this moment, Emelia is requesting a loan in the amount of PHP 10,000. She will use the loan to buy condiments, beverages, and assorted breads to sell. She hopes that she can get the amount she requested, to further develop 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.