Marivic is 33 years old and married with two children. Together with her spouse, she works to generate income to sustain her family. Marivic's husband offers a motorcycle transport service, and she sells fruits and vegetables to the people in her village. Together, they earn about 8,000 PHP each month.
Marivic is requesting a 9,000 PHP loan to buy cabbage, squash, bananas, and mangoes to sell. She hopes to keep providing friendly service and affordable prices to her customers so that she will earn good profits from 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.