Michelle is a small entrepreneur who cooks and sells food for snacks and daily meals to the people in her village. She is 42 years old and has a child whom she is sending to school.
Michelle would like to keep serving her customers delectable meals. For this, she is asking for a loan of PHP 9,000 to buy meat, vegetables, and rice to cook and sell. She hopes to keep extending good services and delicious meals to increase her income.
Someday, with good earnings, she will build up a larger stall to comfortably sell her merchandise.
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.