Bibiana is 45 years old, married and has three children. She is married to a farmer named Johnny. Together, they plant and harvest rice to sell. They also hire laborers who help them do these farming activities.
Bibiana is asking for a loan because she needs to sustain her crops with fertilizers and insecticides to maintain good crop production. She is asking for P10,000 to buy fertilizers and insecticides used in farming.
In the future, Bibiana would like to keep making their farming business more profitable and continuosly finance 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.