Lily wants to see her children become professionals someday. She patiently works on her farm to provide her family necessities. Lily is married and has two children. She and her husband are not getting tired doing some rice farming activities just to save some of their expenses. Lily wishes to continue operating the business until her children finish their education. Lily believes that she will reach her wish by continuing to keep on working hard. Lily is requesting a loan of 50,000 PHP to pay some of the labor cost in farming and buy farm inputs needed in farming. Someday, Lily will attain her wish through the help of her loan.
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.