Mae Angelene is 20 years old and married with one child. She operates a sari-sari (variety) store and is thankful for the 2,000 PHP income she earns each month. Mae Angelene uses her profit for her family's daily expenses and allowances.
Mae Angelene is requesting a 7,000 PHP loan to purchase bread, noodles, biscuits, and spices as additional products to offer and increase her income. In the future, she's hoping to save money for her family and for the education of her child.
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.