Marilyn lives peacefully with her husband in the village of San Pedro, Alicia. They are blessed with three children. To make a living, Marilyn grows rice and usually harvests twice a year. The harvest season usually falls during the months of April and November. The one-hectare plot of land she has been cultivating for almost 15 years was inherited from her parents. Marilyn goes down to the field early in the morning with her husband to ensure the proper growth of her rice seedlings. Last harvest season, she earned about 30,000 PHP. Marilyn is now asking for a loan of 50,000 PHP to buy fertilizer and pesticide for her farm. She wants to improve her farming practices to bring in a better yield. In the future, Marilyn hopes to improve her rice production and save enough money to provide a brighter future for 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.