Melfreden is 37 years old, married, and has three children. She earns a living by farming rice in the Philippines. She is borrowing 15,000 PHP through KIVA to buy fertilizer and other farm supplies. She has been farming rice for three years and also earns additional income from selling vegetables.
She is working tirelessly toward the attainment of her dream: to save enough money to provide a secure future 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.