Juliana is 54 years old and married to Rogelio. She has six children and all have settled into marriage and live separately from them. They have no other source of income except corn production.
Juliana is getting older but still aims to achieve financial independence. According to her, she is still strong to work. She usually earns an income twice a year for about P30,000 per harvest season. It usually falls during the month of March and October. She is now asking for a loan of PHP 35,000 to buy corn seeds, fertilizers and insecticides used in farming. She would like to improve her output to save for future emergencies. She doesn't want to rely on her children's remittances so at her age, she still generates an income.
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.