Jennifer is 20 years old and newly married. To earn a living, she engages in the cooking and selling of fish balls, barbecue and halo-halo(refreshment) snacks in their community. She and her husband help each other in generating income for the sake of their family. Their aim is to earn and save more income to build their own house someday. Jennifer plans to improve and strengthen the business in order to generate sufficient income. Due to financial difficulties, she is asking for Php5,000.00 to buy raw ingredients like fish, pork & chicken for barbecue and halo-halo (refreshment ) snacks. She hopes that her loan will enable her to make an improvement 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.