Despite problems and difficulties in life, Claribel aims to improve her status of living and become financially stable in the future. She is 42 years old and has no children, for she is separated from her husband due to problems and family conflicts. She lives with her parents and she decided to take care of them, for they now old and incapable.
She planned to continue managing their farm lots by planting onions to generates income but due to financial difficulty, she is asking for an additional capital of P20,000 to buy onion seeds, fertilizers and insecticides for onion production. She believes that this loan will be a great help for her to work out her plans and is hoping that she will be having a plentiful harvest.
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.