Amelita is 53 years old and married. She has three adult-aged children. Amelita is a farmer working in the Philippines who earns PHP 7,000 per month. Amelita is asking for a loan of PHP 20,000 to purchase fertilizers, seeds and other farming necessities. Amelita has been growing rice for 10 years. In the future, Amelita hopes that her farming business will become more progressive and more able to support the needs of her family.
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.