Ma. Teresa is married to a driver and has three school-aged children. She is 44 years old. To better support her family, she plants and harvests corn to sell in the village of Sta. Maria, province of Isabela. She has been in this field for 21 years and earns about P30,000 per crop season.
At this time, she is requesting a loan of P30,000 to buy farm input such as fertilizers and corn seedlings to supplement her farm. She hopes to harvest more corn, which will enable her to generate a large income to better feed her family and improve her business.
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.