Leonora is 37 years old and is married to Ramon, a farmer. Together they raise four children. They are both engaged in a farming business, planting and harvesting rice to sell. Leonora earns about 10,000 PHP per harvest (twice a year).
Leonora aims to improve the income generated from the business and asks for a loan of 20,000 PHP to help improve the growth and nutrition of her crops. She will buy pesticides and insecticides used in farming and pay for labor.
Someday, Leonora hopes to become a successful rice grower in her village and lift her family out of poverty.
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.