Marie Jane is 38 years old, a single mother of one. With her persistence and hard work, she’s able to provide the necessities for her child and her parents through her earnings from her mini-grocery business in their village.
She is doing her best to provide a comfortable living for her family, despite the fact that she is the only hope of the family.
Marie Jane wishes to improve her business to save for their basic commodities, the future of her child, and for her business needs. She is applying for a loan of PHP 50,000 to purchase more grocery items to sell such as canned goods, noodles, breads, milk, soap, and drinks.
She hopes to use the loan to meet her customer's demands, because her mini-grocery is the center of almost all of a buyer's of household needs. This will probably give her a chance to increase her income to save for her family.
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.