Blesilda is 31 years old and married. She earns a living by running a mini-grocery in her village where she sells soft drinks, sugar, oil, coffee and vinegar. She is very committed to her business because it has been a great help in improving her family's living conditions and, most especially, saving for her future children.
She is requesting a loan of PHP 25,000 to buy frozen foods, soft drinks, biscuits, canned goods, cooking oil, rice and bread to sell to her customers. She hopes to use this loan to increase her profits and provide a good living for her family.
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.