Aiming to support the education of her five school-aged children, Editha grows rice. She has operated this business for 10 years. Although she is already 45 years old, she is still very strong and dedicated to generating income for the sake of her family.
To make her farming business more profitable, Editha is requesting a loan of PHP 50,000. She will use the loan to buy fertilizers and seeds to grow. She will also use some of the loan for the tuition fees of her children.
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.