To earn a living, Brylen and her husband help each other to manage their corn farm. They are a young couple who live in a village with their parents. They planned to earn and save so that they will build their own house and live on their own. Both of them have no stable job and they are financially unstable; their parents are the ones who help provide some of their needs. In this regard, they planned to expand their corn plantation so that they will increase their yield and income.
Due to inadequate capital, Brylen is asking for an additional 15,000 Philippines pesos to buy corn seeds, fertilizers and pesticides for the corn farm. They believe that they will be able to improve their business if they continue to work and strive harder.
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.