Margie-Lyn is 25 years old. She really desires to lift up her family from their poor living conditions. This causes her to devote herself to the selling of dry goods. Through this she is able to provide the daily needs of her family. She wants to improve and boost her income, so she is requesting a loan of PHP 20,000 to purchase pants, shirts, blouses and kids' shirts. She hopes to receive her requested loan to further improve her business and increase her income.
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.