Evelyn makes her living through a farming business owned by her family. She is 43 years old, married and has two children. She helps her spouse manage a hectare cornfield which they plant and harvest to sell. The couple has been in the business for over 10 years now.
She still hopes for better crop production, and that is why she is now asking for a loan of PHP 30,000 to invest in the farm. She will buy eight bags of UREA (fertilizer) and pesticides used in farming. This will help maintain good growth of crops and enable her to harvest it profitably.
Good crop production will lead to good income and someday achieve a better way of living for her family.
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.