To earn a living, Marites manages a general store and restaurant within her local community. Marites has been engaged in this business for 22 years.
She is hoping to attract a smoother and more continuous flow of customers to her general store and restaurant. For her plan to be realistic, she is hoping to secure additional capital in the amount of 40,000 PHP, which will be used to purchase grocery items such as soft drinks, assorted biscuits and raw meat for her general store. She believes that the requested loan proceeds would help her general store and restaurant to be profitable in the future. She thanks lenders for their support.
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.
ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.
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Success!! The loan was 100% repaid