Nida is 51 years old, married and peacefully living at Solana. They have a farming business which she has operated for over 10 years now. They plant and harvest rice to sell. She earns PHP 10,000, approximately, per harvest season which is twice a year.
She is now asking for a loan of PHP 20,000 to buy insecticides and pesticides to be used in farming.
Someday, with good harvest, Nida hopes to achieve a profitable farming business and save funds for her family's future expenses.
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.