Saturnina is now 39 years of age and married with four school-aged children. Saturnina is a farmer working in the Philippines who earns PHP 5,000 per month.
Saturnina is asking for a loan of PHP 10,000 to purchase fertilizers and pesticides for her corn farm. Saturnina has been growing corn for 15 years.
In the future, Saturnina hopes to have a large crop of corn in order to gain income to satisfy the daily basic needs of her family, most especially the educational needs of her children. She also believes that she can improve their status of living and start another kind of business through the continuous support and assistance of the Kiva lenders.
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.