Lovelyn is engaged in a direct selling business. She has been in this business for almost two years. Right now, Lovelyn is 26 years old and happily married to Danilo. The couple is thankful because they had been blessed with three children.
To this end, Lovelyn is asking for a loan in the amount of 8,000 PHP to buy more products such as perfume, blouses, lotion and shoes to sell. 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.