Mary Jane has operated her welding business for more than five years. She is married and has two children. Mary Jane's spouse is her helper in running her welding business. She is glad because her spouse is supportive in every decision in her life.
Mary Jane aspires to have a better way of living, to improve her financial stability, and to have a stable source of income. To make her dreams possible, she is seeking a loan of 20,000 PHP, which will allow her to buy a welding rod, a round bar, a flat bar, and a sander for her welding business. She believes that through complete materials and good service provided to her customers, she can earn more income and attract more customers. Mary Jane is hoping that her welding business will grow to be able to sustain her family needs and improve her financial stability someday.
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.