Maribel is industrious wife and a mother of two. She is helping her husband in providing the needs of her family by trading rice. She has been in the business for over three years and has been a significant help to her family. She is able to cover their daily household expenses and save for the allowances of her children.
She wants to earn more in order to save enough funds for the education of her children. She is future oriented because she would like her children to avoid the hardships faced due to lack of education.
Maribel is asking a for loan of P10,000 to buy additional rice to sell. With the additional business, she will be able to earn a higher income. She hopes for your kind approval.
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.