Carina, 48 years of age, is married to a government employee and blessed with four children.
She has a direct selling business in which she sells personal use products in their village. In this business she's earning a net income of PHP 2,500 monthly.
She would like a loan amounting to PHP 25,000 to purchase talc powder, lotions, lipsticks, deodorants, and body spray. She's hoping that her requested loan will be granted so that her business will improve more and become profitable.
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.