Maricris is 32 years old and is a hardworking mother and a responsible village member. She lives in a village of San Antonio province of Isabela. Her husband is an overseas worker.
Maricris opened a grocery 10 years ago, and she earns 300 PHP (Philippines pesos) daily from her business. Maricris is requesting a 45,000 PHP loan to purchase snack foods, drinks, cooking oil, spices and other products that she can offer in her community. She hopes that expanding her business will help her husband provide for the family’s daily needs.
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.