May Maria is 39 years old and lives with her husband and two children. She has a stall where she sells variety of motor parts and bicycle parts. She is friendly and helpful woman and this causes her demand to increase. People are looking for her products because she offers very affordable prices with high quality. She wants to grow her business, finish educating her children, and improve their living situation.
To smoothly achieve her dreams, she is requesting a loan of 50,000 pesos to purchase motor parts, auto supply items, and bicycle parts as additional products to offer. She is determined to be successful, with industriously working at her business everyday. With that and faith in God, she believes she will soon achieve financial stability and a comfortable quality of life.
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.