Amelita is 41 and chose to be single. She lives with her mother in a rural community and is managing a small sari-sari store. She aims to make her business profitable in order to satisfy their daily consumption and save some for her future.
Due to insufficient capital, she is asking for a loan of PHP 10,000 to buy more stock of soft drinks, snack foods, assorted candies, laundry soaps, beverages, noodles, canned goods and seasonings to sell in her store.
She believes that someday she will further improve the business through this financial assistance.
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.