Marilou is 33 years old and a responsible mother of two. She is married, and she manages a small store for income. She sells grocery items to the poeple in her village. She usually earns about PHP 200 each day. Her income pays for meals and business expenses.
She hopes to keep making her business profitable, and that is why she is asking for PHP 5,000 to buy sardines, eggs, noodles, soft drinks, and breads to sell in her store. She hopes to keep extending good products and services to all her valued customers.
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.