Oralyn is a responsible and loving mother to her seven children. She is 40 years old and married. Oralyn is married to Alfredo who is her helper in her business. Among her seven children, three of them are studying, two children are working, and the other two left are still infants.
Oralyn and her husband are doing their best in order to provide for the family's living. Oralyn as been running her furniture business since 1998. The income generated from this business, is used for her children's allowances, daily needs and the salary of her hired laborers. For this reason, she would like to increase her sales in order to support her children's studies in addition to her infants' needs.To fulfill her goal in life, she is requesting for additional working capital from all the KIVA lenders. She is requesting P40,000 to be used in buying woods and varnish for her furniture business. She hopes that she can develop her finished products so that she can then offer them at higher prices and encourage more costumers to buy her products. Oralyn would be grateful if her requested loan would be granted.
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.