Diana is 25 years of age and married. She manages her time wisely on both her farming and her studies.
Diana operates a rice field and her retail store. She has been engaged in her rice farming business for more than three years. Diana wants to maintain her rice field as productive and profitable, so she is asking for a loan of PHP 50,000 to buy necessary farm inputs for her rice field.
She hopes and prays that lenders will grant her the requested loan amount to provide her rice field with the proper care and nutrition. In this way, she could earn better income, which will be used to cover all their household expenses and fully pay her tuition fee.
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.