Lourdes is a diligent woman who strives hard to meet her family's needs. She is 59 years old and married. Her husband, Edouardo, is also a farmer who raises crops. They have seven children.
She wants to improve her farm, but she doesnt have the large capital which is required for supplies such as seeds and fertilizer. She is asking for a loan of PHP 25,000 to buy seeds and fertilizer which she will use in her farming.
She hopes that the next harvest will be better so she will be able save money for the education of 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.