At the age of 51, Arceli still works hard for the sustenance of her family. She has three children attending school. Arceli and her husband manage a farming business and usually earn a yield of P 30,000 every crop season (May and November).
The success of her farming business really depends on weather such as typhoons, floods and drought. Every day, she always makes sure that her crops are in good condition to produce a better yield. Income generated from the business goes to school fees, allowances for the children and daily needs at home.
Arceli wants to strengthen her farming business and that is why she is asking for a loan of P 15,000 to buy seeds, fertilizers and insecticides used in farming to produce a better yield.
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.