Mary Ann is a degree holder and registered veterinary physician. She is 29 years of age and married with two children.
Mary Ann's business is a pet clinic and at the same time she offers direct selling business; particularly personal products such as cosmetics, toiletries and shirts. She has been running her pet clinic for two years. She is grateful because through her determination and wise management, in both her businesses, she was able to earn better income.
Mary Ann is seeking for a loan of PHP30,000, to allow her to buy stocks of dog food and sacks of rice to be sold in her pet clinic. She hopes that her business will continue to grow smoothly so she could sustain all their daily necessities, save for her two children's education and improve her financial stability. In this way, she could make her goal realistic. Mary Ann is hoping for approval of her requested loan amount so she will have a stable source of income someday.
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.