Ma. Liexlyn is an innovative person who owns a sari-sari (variety) store business and works independently. She is married to an industrious man who can support her and yet she prefers to have her own source of income because she wants to experience a good quality of life and not depend on her husband.
At the age of 26, she already has one child. This makes her continue her started business. The eagerness to provide a comfortable life for her child caused her to request a loan amount of P10,000 to purchase merchandise such as sugar, milk, and soft drinks to stock her store. This should give her the opportunity to earn higher income.
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.