Being a hard-working mother, Erlinda supports her husband in planting vegetables for sale. She is 56 years old and blessed with five children. Together with her husband, she aspires to improve their standard of living to give their children a better future. With this in mind, they planned to expand their vegetable plantation to ensure a high production.
Due to financial insufficiency, Erlinda wants to access a loan of PHP 12,000 to buy fertilizers and herbicides needed in growing vegetables. She is hoping that she will obtain her loan request so they can expand their vegetable plantation.
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.