Angelina is aged 57 and blessed with three children. To supplement her husband's income, she engages herself in selling snacks in the street and at the bus terminal. She aims to improve the business and increase her income to satisfy the necessities of her family and to save for their future.
To improve the business, she is in need of additional capital amounting to PHP 15,000 to buy coconut pie, coconut juice, momma and boiled corn to sell. She is hoping that her loan request will be granted in order to further improve 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.