Marilyn, a 36-year-old hardworking woman, has one child. Her husband works as a farmer. To help support the family, Marilyn offers the services of pedicure and manicure to individuals. She has applied for the loan of PHP 8,000 to buy a new nipper, pusher, nail polish and cuticle remover to render better service and increase income. She hopes that her requested loan will be approved.
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.