Remalyn is 26 years old, married and has four children who need daily allowances. She was only 19 when she got married. She only finished her high school education and wasn't able to seek employment.
Luckily, Remalyn and her spouse inherited a hectare plot of land from her in-laws that they have been cultivating for almost three years. They plant and harvest rice to sell to traders.
She wants to increase her crop production but she has insufficient funds, so she is asking for a loan of PHP 20,000 to buy fertilizers and pesticides used in rice farming.
In the future, she would like to ensure good crops and provide a good education for her children.
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.