Marilyn is 42 years old, married to Joseph, and has three children that attend school. She sells fish such as salmon and milk fish to the people in her village. She also sells crabs and shrimp. She has been 10 years in this kind of business. She wants to keep making better sales and earn an income for the improvement of their lives.
She had insufficient funds up to this moment because her profit pays for tuition fees and allowances for her children. She is now asking for a loan of P25,000 to buy more fish, shrimp and crabs to sell. Additional revenue from the business is used to save for future emergencies.
In the future, she hopes to own a stall in the market for the development of her 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.