With her determination to help her husband in farming, Lily engages herself in planting of rice in their field. Lily and her husband jointly manage their farm. They strive to give their children a better and comfortable way of living.
Lily is experiencing a financial shortage which prevents her from obtaining their farm inputs, due to increasing of prices of those inputs in the market. Lily is asking for a loan of PHP 50,000 to buy farm inputs, including fertilizers and herbicides for spraying, to avoid insects, pests and diseases. She hopes to increase her yield, while applying the exact amount of farm inputs needed in farming.
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.