Maria Mylen has operated an eatery and variety store for 15 years. She is 37 years of age, happily married and blessed with two children. Her main priority at this time is to increase her sales and profit so she can improve her eatery and variety store.
Maria Mylen would like to take out a loan of PHP 30,000 allowing her to buy grocery items such as soft drinks, canned goods, candies, assorted biscuits, various kinds of vegetables and raw meat for her food sales business. She hopes to get approval of her requested loan amount so she can secure her family's future and save for emergency purposes when she gets weak.
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.