Being a responsible housewife, Maritess engages in raising fingerlings while her husband cultivates their farmland. She is 40 years old and has three school-age children. They aimed to increase their production and income in order to satisfy their necessities and continue sending their children to school. They want them to earn a degree so that they will be able to find a good job someday. To meet these needs, Maritess plans to raise more fingerlings to sell. She is asking for additional capital of PHP 15,000to buy feeds and additional fingerlings. She is hoping that her loan will be a great help to make her business grow.
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.