Ana Marie is 31 years old, single and operates a direct selling business in her village. She sells cosmetics and perfumes. Ana Marie is very patient in offering these products in order to gain income. She usually makes about 10,000 Philippines Pesos (PHP) each month, and it goes on meals, bills at home and revolving capital in the business.
She is now asking for a loan of 15,000 PHP to buy colognes, soap, shampoo, and perfumes to sell.
In the future, Ana Marie hopes to keep offering good products and services to her customers, to make her business profitable to earn more income for family's sustenance.
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.