Elianor is 42 years old, married and has four children. She is married to an industrious farmer in their village. Rice farming is the family's primary source of income. They have been planting and harvesting rice since they got married 15 years ago. The couple is proud enough that income through farming has provided enough sustenance for the family such as delicious meals and daily allowances for her children.
Elianor and her husband still aim that someday they can improve their farming output to make their family more economically stable. As of now, they have insufficient funds, so she is asking for a loan of PHP 10,000 to buy fertilizers and pesticides to use in farming. Hopefully, the additional inputs will make their crop productive and be able to generate more income to save for the family's future expenses.
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.