Bernadeth is 25 years old and has two children. She and her husband are farmers and currently live in a rural community where they support their family by cultivating farm lots and planting corn and vegetables to sell.
Bernadeth is requesting a 21,000 PHP loan from Kiva lenders through ASKI to purchase seed, fertilizer, and herbicide, and to pay labor costs to prepare their land. She plans to use her loan to expand her vegetable production to ensure a good harvest. Bernadeth hopes her loan will be granted to help her family expand their vegetable production and improve their income.
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.