Mary Rose is proud to share that through her income from the business, she is able to send her children to school. She is engaged in a vending business. With her bicycle which has a cart, she sells assorted vegetables, snack foods and fish in their village.
Mary Rose's business is in demand in their village because it is part of daily consumption especially during the planting and harvesting season. She wishes to obtain additional capital of PHP 40,000 to buy fish, vegetables and snack foods to vend. She believes that the loan will be of big help to her to increase her income and to continue sending her children to school until college.
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.