Rose is a kind mother. She is 50 years old and married with four children, two of whom attend school. To provide for her family's daily allowances, Rose cooks food and snacks and sells them to the people in their village. She has been in this business for more than three years now.
Rose would like to ask for additional capital to buy ingredients such as meat and eggs as well as new kitchen utensils to use in her food-selling business. Someday, she hopes to establish a mini-restaurant to conveniently meet all her customers' demands for the delectable meals and friendly service she offers.
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.