Evangeline is 56 years old and has four adult children. Due to the hardship of earning a living, she helps her husband manage their citrus farming business to increase their yields. The couple hopes to uplift their standard of living and improve their house and continue to send their children to school. Evangeline's major business challenges are difficulties due to typhoons and calamities, but she still has the determination to pursue her business. She and her husband plan to expand their citrus plantation and increase their production but do not have sufficient capital.
Evangeline is requesting a 35,000 PHP loan to buy fertilizer and pesticide, and to pay the labor cost incurred in running her family's citrus plantation. Through her loan, she believes that she and her husband will improve their business and increase their production and income.
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.