Dionalyn is 40 years old. She is married to a farmer, and they were blessed with three children.
Dionalyn has been managing a direct selling business for the last two years, where she sells personal use products in their village. She earns a net income of PHP 2,500 a week from this business. Her net income from her business usually goes towards the school allowances of their children.
Due to insufficient capital, she would like to borrow a loan of PHP 15,000 to purchase lotions, lingerie, cosmetics, and deodorants to sell. She's hoping that her requested loan will be granted so that she can improve her business and earn more profits.
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.