Ambrocia is an entreprenuer who lives in Enrile. She is 34 years old, married and has three children. She patiently cooks and sells food for daily meals and snacks to the people in her village. She has been in this business for over five years now. She would like to keep offering delicious food and that is why she is asking for a loan of 8,000 Php to buy ingredients, vegetables and meat to cook and sell. It will add to her capital which will increasing her sales and income too.
With good profits she wishes to provide good education to all her children.
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.