Erlinda is 46 years old, married, and has children to sustain. They have a farming business and a retail store as sources of income. The couple is very grateful to have these kinds of businesses, necessary to sustain their family's daily consumption. From the farming business, Erlinda usually gains PHP 15,000 in each harvest season (twice a year).
Erlinda's determination to succeed motivated her to avail herself of a loan to invest in making her crops more productive. She is asking for a loan of PHP 25,000 to buy pesticides and insecticides used in farming.
In the future, Erlinda would like to keep making her business grow, leading to a progressive life someday.
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.