Marilyn lives peacefully, at Linao East, with her spouse and two children. Her spouse is a tricycle driver, and he provides transport services daily. Marilyn sells fish to the people in her village. From their businesses, the couple earns about PHP15,000 monthly. The income goes for their meals, bills at home and school fees for their children.
Marilyn hopes to increase sales, but she has insufficient funds of her own now. That is why she is asking for a loan of PHP25,000 -- to buy more milkfish, shrimp, crabs and mudfish to resell. Someday, with good income, she will be able to educate her children well.
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.