Remalyn is married to Faustino; they have a farming business as their source of income. They plant and harvest rice twice a year. They have been in their business for five years now. Remalyn has four young children whom she provides for and tries to give a good education.
She is now asking for a loan of PHP 25,000 to buy rice seeds, fertilizers and pesticides used in farming.
In the future, Remalyn would like to become a successful rice grower, to achieve more profits and uplift her family's 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.