Narcisa is a 58-year-old widow with three adult children. She lives in the village of Marannao, province of Isabela, where the major source of income of the community is raising crops. Narcisa is a very diligent and loving person. For every crop she earns P 20,000 after almost 30 years in business.
Narcisa is requesting a loan of P 18,000 to buy sacks of corn seeds, fertilizer, and to pay labor fees for her farm business. Aside from farming, she is also engaged in selling bananas in the community for additional income.
Narcisa hopes that some day she can provide for all the needs of 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.