Mary Ann is a registered veterinary physician who owns a pet shop and, at the same place, her clinic. Her pet shop has been in operation for one year and six months. Mary Ann is married and has two children. Her spouse is an Overseas Filipino Worker (OFW).
Mary Ann isn't yet satisfied with the improvement of her business and she aspires to continually grow her business. With regards to this matter, she is seeking additional capital of 20,000 PHP, which will be used to buy some veterinary supplies such as dog food and vaccines. Some of the amount will be used to buy stocks of cosmetic products for her direct selling business.
Mary Ann hopes to get this loan amount so she could further earn greater income, which will be used in expanding her pet shop and direct selling business. She knows that she can make her business progressive because of her determination and wise management of her pet shop business. Mary Ann believes that her pet shop will become popular someday because of her quality costumer service and new strategies in advertising her products.
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.