Myrna is a very young woman who is married to Erwin who is also a farming man. They have three school-aged children. In order to supply the needs of her family, she is asking for a loan of Php 18,000 to buy sacks of fertilizer and seed to grow. Farming is the only way they earn their living. Myrna hopes that she can build their own house so that she can give a good quality of life to her family.
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.