Dolores is 40 years of age and married. To support her family, she runs a retail store in the village of Guam. She has been in business for almost a year and earns about PHP300 a day.
To grow her retailing, she is requesting a loan of PHP15,000 to buy groceries such as curls, soft drinks, canned goods, and noodles to sell.
Dolores hopes to increase her business incomes to better feed her family and somehow be a success in the 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.