Thelma is helping her husband in managing their rice farming business. They helping each other, sharing ideas to get a better quality of crop that will sell at a high price. They are doing this just for the future of their children.
Thelma is 37 years of age and blessed with three children. She and her husband started farming business when they got married. Now, they have been 20 years in farming and still continue managing their farm because it is their primary source of income of the family.
Thelma wants to borrow a loan of P25,000 to buy seeds, fertilizers and herbicides to use in farming. She wishes to develop her skills in managing their farm to maintain the business and continue earning profits from the business.
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.