Ma. Liza is 47 years old. She and her husband have a rice field that serves as their primary source of income. The family lives in the village of Alinam and Ma. Liza and her husband work hard to lift their five children from poverty.
Ma. Liza is requesting a 30,000 PHP loan to buy farm inputs such as seedlings, fertilizer, and insecticide to sustain her farm. She hopes that she can receive the amount she has requested to expand her farm and harvest to offer more rice for sale.
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.