Marilyn is 48 years old years old and is engaged in a hog fattening business. She has three children who are currently studying. She wants to help all her children finish their education, despite the fact that her husband left her. This causes her to strive more and continue earning money through her business.
She wants to add to her current business such as buying and selling of fruits and vegetables. For this reason, she is asking for a loan of 25,000 Philippine Pesos (PHP) to buy two more hogs and feed. She is looking forward to earning a higher income to save for her dream 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.