Merlyn is kind and enduring woman. She is securing her family’s lives through her repair and install business. She offers power windows, door keys and car window tinting. Her husband helps her manage the business. With their conjoined strategies, they are slowly pushing their business into success.
Now, Merlyn is asking for working capital of PHP 50,000 to purchase door mechanisms, door rubber and power windows. She hopes the loan will provide her business a higher amount of income to improve the quality of life for her three children.
At age 52, she is still full of hope that she can achieve a comfortable life. She hopes that the loan will boost 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.