Rachel is 35 years old, married and has two children. She was engaged in an early marriage and did not seek employment that is why she and her husband are only involved in rice farming. They plant and harvest rice to sell and are able to provide sustenance for the family.
She is now asking for a loan of P10,000 to buy fertilizers and insecticides used in farming.
Someday, she would like to achieve a plentiful harvest to earn money and finance the college education of her children to earn a degree.
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.