Margie is a 43 year old woman who is very enterprising and dedicated to her business. She lives in the village of Andabuen province of Isabela.
Margie’s business is a grocery store. She sells many basic staple items there like lard, sugar, beans, rice, oil, margarine, condiments and other products.
Margie needs the loan to buy coffee, sugar, flour, soft-drinks, lime powder, fruit, vegetables, dairy products, noodles, snacks and others. She hopes that with this loan she’ll have more sales.
One of Margie's dreams is that her daughter graduates; Her daughter will graduate as a teacher this year. She also would like to open another similar store to help her daughter improve her life.
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.