Remedios and her husband are both farmers who live in a rural community. She is 50 years old and was blessed with four children. Despite the hardship of living, they have the determination to uplift their status of living to give their children a better life. She and her husband aim to improve their farming business to increase their production and income as well as satisfy their necessities. Due to financial difficulty, Remedios is asking for a loan of 8,000 PHP to buy the needed fertilizers to sustain her ginger production. She believes that this loan will help a lot 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.