A retailing business is the primary source of income for Marivic. She has been in this business for ten years. She is now 44 years old and is happily married to Joel. The couple is thankful because they had been blessed with four children.
As of now, Marivic wants to re-stock her sari-sari store. In this regard, she is asking for a loan in the amount of PHP 10,000 to buy canned goods, beverages, noodles, biscuits, and condiments to sell. She hopes that she can get the amount she requested to further develop her business. Marivic hopes to grow 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.