Felicitas is 55 years of age, married, and has three children. She grows a variety of vegetables in their field and harvests to sell. Felicitas always prioritizes her children's school fees when she gets earnings from vending vegetables. Her two oldest children finished college. She financially supports them through her income from selling. Now, only her youngest child is still in school, at the tertiary level of education.
Felicitas greatest dreams are to finish her child's education and to find better work someday. Felicitas is requesting a loan of P20,000 to buy fertilizers and herbicides to apply on her vegetables. She hopes that her planted vegetables produce a good result.
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.