Margie is a diligent mother of three children. She always prioritizes her children's needs, especially their education. Margie and her husband grow rice in their fields. They have been managing their farm since they got married. Margie and her husband wish to see their children as professionals someday; thus, they are really doing their best to earn a higher income in order to save for the school fees. Margie admits that she is having difficulty in providing their farm needs since their children's needs in school are getting bigger. With that, she decided to borrow a loan amounting 35,000 PHP to buy fertilizers and herbicides for the farm's rice. She hopes that Kiva lenders will approve her requested loan for it will really help in their rice 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.