Emilie is a loving mother. She is 47 years old, married and blessed with three children. When her previous business closed, the couple decided to manage a furniture shop business. This has been their source of income for nine years, and the couple need to buy more woods and tools needed to create more furniture for their customers.
With regards to this, she is asking an additional capital of PHP 50,000 to buy woods, varnish, a tape measure, pencils and plainer. Through the help of this loan, the couple can accumulate greater profit that can give their children a better future.
This loan is special because:
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About Alalay sa Kaunlaran (ASKI):
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.