Mary Grace is 41 years old. She lives with her husband and two children. She has a sari-sari (convenience) store in their village where she sells sugar, oil, coffee and vinegar. She cares for her business because this is a great help in improving their economic living.
She is requesting a loan of 15,000 PHP to buy soft drinks, cooking oil and bread as additional commodities to sell. She hopes to gain more profits through these goods in order for her to provide a good living to her family.
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.