Eleonor aims to improve her small retail store in order to generate sufficient income and sustain the necessities of her family. She is 41 years old and has only one child.
She wants to acquire more stocks of grocery items to sell but she has not enough capital. For this reason, she wants to access financial assistance of PHP 15, 000 to buy canned goods, noodles, soft drinks, crackers, beverages and seasonings to resell. Through this financial assistance Eleonor believes that she will further improve the business someday.
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.