Marites is 42 years old and married with five children. Her husband is a farmer and a tricycle operator. Marites is a farmer working in the Philippines. She has been growing corn for 22 years.
Marites is asking for a loan of 25,000 Philippines pesos to purchase fertilizers (like manure) and seeds of corn to be planted in her farm. She wants to maintain her agricultural business for the future of her family. Getting high yields and income are her desires to attain her daughter's wish of going abroad to help them uplift their living conditions.
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.