Eliza peacefully lives at Solana with her spouse and three children. Her spouse is a farmer and they plant and harvest rice to sell. They also pay laborers who help them plant and harvest the rice.
From the farming business, they usually gain 15,000 PHP each harvest season (twice per year). Aside from farming, Eliza also manages a small store as an additional source of income.
Eliza is now borrowing a loan of 20,000 PHP to buy insecticide and pay for the labor cost of farming. This will help ensure good crop nutrition and an abundant harvest.
In the future, Eliza would like to keep improving the farming income for the education of her children.
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.