Marilyn is from the village of Calaocan, Alicia. She is 32 years old and is married to Noel. The couple is thankful because they have been blessed with one child. To support her family, Marilyn runs her general store. She has been in this business for seven years and usually earns about a minimum of PHP 300 a day. At this moment, Marilyn is asking for a loan in the amount of PHP 13,000 to buy noodles, condiments, beverages, and assorted breads to resell in her 'sari-sari' (variety) store. She hopes that she can get the amount she requested to further develop her business.
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.