Marilyn is a 28-year-old married woman who is blessed with one child. She has been operating a retail shop for five years and her primary customers are neighbors. She is blessed with many customers because of her humbleness and friendly attitude. With this blessing, she wants to expand her business by asking for financial assistance from Alalay Sa Kaunlaran Inc.
She is requesting a loan of 25,000 pesos to purchase flour, sugar, cooking oil and biscuits. She hopes for the improvement of her business. She knows that, with God’s help, she will be able to establish a wholesale business in the future.
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.