Shirly is 38 years old and is married with two school-aged children. To make a living, Shirly owns and operates a farming business together with her husband. Her main source of income comes from planting and harvesting rice for sale. Shirly has been engaged in her business for over ten years and earns approximately 25,000 PHP every season (every four months). She is also engaged in a hog-raising business for their additional income.
Shirly needs both sources of income in order to cover the family's daily needs and to afford sending her children to school. She would like to request a loan in the amount of PHP 25,000 in order to buy seeds, insecticides, and fertilizers for her rice farm production. She hopes that she will make more improvements in her business through this loan, and hopes that her patience and sacrifices will lead her to reach her goals in the future.
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.