Avelina is a responsible housewife who supports her husband in satisfying their necessities and financing the education of their four children. To generate income, she is engaged in the cooking and selling of snacks and meals in the community. She aims to make the business profitable in order to generate a higher income.
She plans to cook and sell different kinds of recipes but she doesn't have enough capital. For this reason, she is asking for additional capital of 10,000 PHP to buy vegetables, pork, fish, dressed chicken and seasonings to be cooked and sold in the local community. She believes that the loan will be a great help to her in making an improvement in her 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.