Virginia is 59 years old and has eight children. With her business of planting and harvesting fruits and vegetables, she successfully sent her children to school and they finished their college level education.
Virginia wants to continue operating the business even though she is getting old. Aside from her business, Virginia has her monthly remittance from abroad but she doesn’t want to rely on it. She wants to gain access to a loan of PHP 30,000 to buy fertilizers and seeds of vegetables and fruits to grow. She hopes to increase her income and plans to use it to improve and expand her business.
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.