Vilma and her spouse peacefully live in Pinopoc with their three children. She is now 41 years old and still grows corn for income. She also has a small store next her house but acquires unstable income from it. The couple manages their cornfield well so it will produce more harvest used in paying school fees. She would like to increase the harvest; that is why she is asking for a loan of 30,000 PHP (Philippines pesos) to buy fertilizers and pesticides used in growing corn to sell.
In the future, Vilma hopes to achieve abundant harvest and keep alleviating their poor living conditions.
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.