She is a woman with courage and the mother of five children. Leticia is 56 years of age and already a widow. Her husband died two years ago, but Leticia did not lose her hopes to live happy. Her children are her inspiration to move on and continue to live.
With the help of her children, at her age, Leticia can still manage her rice farming business well. She dreams of having her own savings. She doesn’t want to rely only on her children, because someday her children will be having their own families.
Leticia’s earnings from each crop was not enough to sustain the needs of her farm for the next crop. Thus, she is requesting a loan of PHP27,000 to buy farm supplies like rice seeds, fertilizers and herbicides that she will use in rice farming. The loan will be a big help toward enabling her to provide the farm supplies she needs. She wishes to gain a higher income to obtain her desires.
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.