Criselda is 44 years old and is married with five children. Her husband is a farmer and is her partner in times of joy, sadness, and difficulties. With their status of living, Criselda and her husband find it difficult to provide for the needs of educating their children. But, the couple don’t want to lose the hope that they can overcome the difficulties they have encountered.
Criselda runs their rice farming business. She and her husband are working together to ensure that their crops are in good condition and can get a high yield. Criselda is not able to finance both the daily allowances of her children and the needs of her farm. That’s why she prefers to ask for a loan of 40,000 PHP to buy seeds of rice, fertilizers, herbicides, and insecticides for farming. She hopes to take advantage of the loan that would really be a great help for 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.