Maricel is 26 years old. She is married to Romualdo and they have a six-year-old daughter named Christine. Maricel’s husband works as a farmer and sometimes helps her in selling pineapples in their village. The couple and their daughter live happily in the village of Sitio Anguapan, Tumauini, Isabela.
Aside from selling pineapples, Maricel is engaged in a business selling rice. She also has a small vegetable farm in their backyard. She is always hoping that she can provide a better life for her child and give her a good education. Her daily net income from selling pineapples is only PHP 150 daily. In this regard, Maricel would like to obtain a loan of PHP 4,000 to be used as additional capital in purchasing two sacks of rice to retail and vegetables, too. She hopes to continuously maintain her business with the help of Kiva lenders.
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.