Marilyn is married to Eduardo. They are both farmers working in the Philippines and they earn about 30,000 PHP every crop season.
Marilyn is asking for a loan in the amount of 48,000 PHP to buy fertilizers and seedlings and to pay for labor needed for rice-planting. She and her family believe that this loan will be an enormous help to their hopes of increasing their yield.
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.