Marita is engaged in a mobile store wherein she offers various kinds of vegetables, fruits, charcoal and fish. She has been engaged in this kind of business for four years and two months. Aside from a mobile store, she also engages in livestock, direct selling and vending of second hand RTW's as her additional source of income.
Marita is married with four children. Three of them are still studying and the other one is married. Marita and her husband has been working together in order to earn a greater income. The couple aims to give their three children a quality education and brighter future. With her determination to fulfill it, Marita is seeking additional capital in the amount of PHP 18,000 which will allow her to buy various kinds of vegetables, fruits, sacks of charcoal and fish for her mobile store business. She knows that with this loan, she could further increase her sales and profit. Marita is hoping for approval of her requested loan amount.
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.