To further finance the family needs, Merlita generates an income from planting various vegetables in their backyard and farm. Merlita has been engaged in this type of business for 11 years. She is not getting tired of doing her business because she loves what she does. Merlita plants creeping vegetables in their backyard such as string beans, squash and seguidillas. Merlita wanted to plant more vegetables to increase her sales and at the same time increase her profits to further support her five children attending school.
Merlita is looking for a loan of 10,000 PHP to buy seeds of eggplant, bitter gourd and sponge gourd to plant on their farm. She wishes for the growth of her business for the future of her family.
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.