Flordeliza is in the farming business. She has grown rice crops since 1973. She is now 59 years of age, married and has three children. All of them are married and living separately from her. She works tirelessly toward the attainment of her dream: to expand her farmland area and to save some amount for emergency purposes when she and her husband get weak.
Flordeliza is raising rice crops on her eight hectares of farmland. With this amount of farmland, she needs greater profits to buy necessary farm inputs for the land's processing to obtain plentiful yields this crops season. So, she is applying for PHP 27,000. She knows that through this loan amount she can be a successful owner and farmer some day.
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.