Elizabeth runs a sewing business. For almost 15 years, she has worked from eight in the morning through five in the afternoon. During this time, Elizabeth had developed her skills as a tailor and dressmaker. She has acquired good and loyal customers that help make her business productive.
Elizabeth is requesting a 50,000 PHP loan to buy different colors of fabric, needles, and thread. Elizabeth believes that her loan will be a great help to make her business more progressive and profitable 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.