Marilyn lives with her husband and four children within the village of Daramungan Norte San Mateo. She is glad because with the help of her spouse, she is able to endure everything in order to have a better way of life and have a stable source of income.
Marilyn sells food in her local community. She has been doing this type of business for three months. As a beginning businesswoman, she needs additional capital to improve the food stall she operates. Therefore, she is requesting financial assistance amounting to 5,000 PHP, which she will use to buy ten kilos of raw pork, two kilos of raw beef, different kinds of vegetables and five kilos of chicken for her food stall business. Marilyn knows that through selling different kinds of foodand maintaining it's good taste, she can further gain better income and encourage more customers to buy from her food stall.
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.