Sherly, 35 years old, is married to a farmer. They have been blessed with two children. She has managed a corn farming business at the village of San Pablo for almost 13 years. Harvest season in their area is only twice a year. After the last harvest she has a net income of 40,000 PHP. She would like a loan amounting to 50,000 PHP to purchase fertilizers and insecticides. She's hoping that her requested loan will be granted so that she can be able to improve her farming 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.