Marilyn is 43 years old. She lives in her own home with her life partner and three grown-up children. She has a wood lamination business that she attends to every day with dedication and kindness. Marilyn's business is located in a very rural area, where she is surrounded by many farms. In addition to this business, she has her own corn farm. Marilyn is an exemplary woman who never tires of working despite her advanced age.
Marilyn has decided to request a loan of 11,000 PHP so that her business will become stronger. She needs the loan to invest in the purchase of wood, glue, and other products needed for wood lamination. In this way, she hopes to improve her sales, her quality of life, and that of her family.
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.