Being a responsible housewife, Gladys engages in selling snack foods in the local community to help her husband in generating income. She is 25 years old and was gifted with one child.
She and her husband aim to improve their status of living in order to build their own house and to give their child a better life. In this regard, Gladys aims to strengthen the business and make it more profitable. She is asking for additional capital of PHP 25,000 to buy raw ingredients like bananas, fish balls, meat, chicken heads, milk, gulaman and coconut juice to be cooked and sold in their community. She believes that someday, she will make more improvements in the business.
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.