Evangeline is 50 years old, widowed, and has three children.
She has managed a farm in her village for almost thirty years and earns 60,000 PHP. She uses the income for her children's school allowances.
She would like 48,000 PHP to purchase fertilizer, seedlings, and insecticides for her farm. She's hoping that her farm will continue to grow and become more productive.
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.