As responsible parents, Mary and her husband would like improve their state of living to supplement their family's needs and educate their children. Despite the hardships of life, they continue managing their corn farming business to earn a living. They aimed to increase their yields and income to support the education of their two children. They want them to earn a degree so that they will be employed someday.
Due to inadequate capital, she is asking for an additional loan of PHP 35,000 to buy fertilizers and pesticides needed for the maintenance of their corn farming business. They believe that through their patience and hard work, they will improve their business and achieve their goal someday.
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.