Like most of the other residents, farming is their main source of livelihood. They plant rice and vegetables as their major crops which is very appropriate for the weather in Nueva Vizcaya. With their patience and sacrifices, they have been able to gain an average net income of 15,000 Philippine Pesos per harvest. They use it for their household’s needs and for the education of their two children. They want to increase their profit by maintaining their farming business. For this, Marina is requesting for a loan of 15,000 pesos from the Kiva lenders. She will use the loan to purchase farm supplies they need.
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.
ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.
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