Benilda is 48 years old and she is married to Cristobal. The couple is thankful because they have been blessed with three children. Benilda is a farmer working in the village of Dabburab. She has been in this business for 10 years. She usually plants and harvests rice to sell.
Currently, Benilda is requesting a loan in the amount of PHP 20,000 to buy rice seed and fertilizers to sustain the growth of her rice field. She hopes that she can get the amount she has requested to further develop her business and she is promising to pay her loan on time.
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.