Mary Rose is 53 years old, and is married to Jesus. The couple is thankful, because they have been blessed with three children. To earn a living, Mary Rose is engaged in a direct selling business. She has been doing this for almost two years and earns about 1,500 PHP a month. Right now, Mary Rose is asking for a loan of 20,000 PHP to buy detergent soap, powder and shampoo to sell. In the future, Mary Rose hopes to have more products to sell and earn a higher income.
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.