Prescila is 52 years old and married with two children. For almost 30 years, she has owned and managed a retail store in her village.
Prescila is requesting a 15,000 PHP loan to make her business more profitable. She will use her loan to purchase cooking oil, condiments, canned goods, beverages, and other basic commodities. Prescila is hoping that the lenders will grant her loan request so she can make her business grow and provide for the needs of 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.