Rakerla and her spouse live in Iguig and they have a child. Rakerla is now 22 years old. Aside from growing rice, Rakerla also raises hogs to sell. She is now asking for a loan of PHP 10,000 to buy fertilizers and insecticides used in farming. This will nourish the rice crop from a half-hectare rice field they inherited from her parents.
Rakerla hopes to increase crop production and keep saving funds for her family's future expenses.
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.