Rita is 29 years old and married to a farmer. They were gifted with four children and they live happily in a rural community. She and her husband help each other in planting vegetables to ensure a high production.
They aim to expand their vegetable plantation in order to increase their production. Due to insufficient capital, Rita is asking for an additional PHP 10,000 to buy seeds, fertilizers and pesticides needed in vegetable production. She hopes that they will be having a plentiful harvest.
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.