Marilou is a woman of 54 years who lives with her seven children. For five years, she has been selling all kinds of food products.
Marilou sells her products from Monday to Sunday. Her customers are neighbors and friends who shop with her because she is friendly and provides good customer service. She is requesting this loan to buy food products such as soft drinks, juice, cookies, bread, butter, beans, sugar, rice, oil, pasta, sauces, salt, ice, etc. With the support of this loan, she plans to further increase her inventory. She will also increase her turnover as she will have all kinds of products available to sell to her customers.
Marilou's dream is to have a well-stocked business where her customers can find all kinds of products.
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.