Maria cooks and sells food for snacks and meals to the people in her area. She is 38 years old and has three children, whom she is sending to school. She would like to keep serving and offering her customers delicious meals. For this reason, she is asking for a loan of PHP 14,000 to buy vegetables, meat and rice, to cook and sell. These goods would let her cook a variety of delicious viands. She hopes that her business will actively grow as she continues to offer unique recipes.
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.