Marieta is 50 years old and married to a farmer. They don't have a child yet because Marieta had a surgery in which they removed a tumor in her uterus.
She is into the fish selling business for almost one year. In this business she is earning a net income of 7,000 PHP a month.
She would like to apply for a loan of 17,000 PHP to purchase ten kilos of fish to sell. She is hoping that this loan will be granted so that her business will become more profitable.
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.