Delia is 43 years old, married and has five children. Her spouse is a farmer and her partner in planting and harvesting rice to sell to traders. They also pay additional laborers who help them in the farming business. She usually gains about PHP 15,000 each harvest season, twice a year.
Delia wants to improve her crop production. This is why she is now asking for a loan of PHP 20,000 to invest in buying farming inputs which will help ensure good nutrition to crops. She will buy fertilizers and pesticides.
In the future, Delia hopes to keep achieving abundant harvests so she can build a reserve fund for her family's unexpected expenses and especially for their education.
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.