Erlinda is a 57-year-old very industrious woman. She does farming for her family, and wants to lift her family out of poverty and save for the future. That’s why she is determined and passionate about her work.
To achieve her dream, she is requesting a loan of 37,000 Philippine pesos (PHP) to buy fertilizer, seeds, and insecticides to be used to develop her farming business.
She just hopes to make a higher profit out of these inputs, to lift her family from their poor living conditions, as well as to save for 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.