Maribel cultivates her 1.4 hectares of rice field, and she has been in this field for more than ten years. Maribel is married, and blessed with four children; two of whom are already studying. Aside from farming, Maribel is also managing a variety store for additional income.
Maribel would like to seek the financial assistance of KIVA lenders through ASKI for a loan of PHP 30,000 that will allow her to buy necessary farm inputs such as seedlings, fertilizer, and insecticides.
She knows that through this loan, she could further improve her farming business which will enable her to earn greater profit and improve her living conditions.
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.