Fe is 60 years old, single, and currently residing harmoniously together with her mother in the village of Culing Centro. She has owned a vegetable yard near their house for almost six years. When harvest season comes they reap many vegetables such as eggplant, tomatoes, string beans, and squash. Her vegetables are delivered to different towns, and sometimes to their public market. In this business she's earning an income amounting to about Php 8,000 every month. Fe would like to have a loan of Php 18,000 to purchase fertilizers for her vegetable yard. She's hoping that her requested amount will be granted so that her business will become more profitable.
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.