Marivic is 46 years old. She is married and has three children. Marivic is engaged in a direct selling business. She has been in her business for almost seven years. She usually sells cologne, clothes, shoes, lotion and deodorant in her village. Right now she wants a loan of P10,000 to buy new items, such as clothes, lotion, powder and shoes, to sell in the village. 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.