Eden is 41 years old and has engaged herself in direct selling. She sells different products such as empty spray bottles, perfumes, face powder, and whitening soap. She has been operating this source of income since 2000 and she is very much thankful for its great help to their living.
Now that her four children are increasing their educational needs, she wants to also increase her income to meet all the needs of her children.
To yield higher proceeds, she is requesting additional capital in the amount of PHP 10,000 to purchase bottled water, bottle spray, a variety of perfumes, lipstick, and whitening soap. She wishes that the funds provided will increase the inventory of the business as well as its income generated.
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.