Corazon is a devoted wife to Ernesto who is a farmer in their village. They have three children and have been in the farming business for 20 years. Corazon and Ernesto became farmers because it was the only opportunity for them since they only finished high school and do not have further education.
Their goal in life is to provide a good education for their three children and get them through college. She is asking for a loan of PHP10,000 to buy fertilizers, insecticides, and pesticides to use in farming. She hopes this loan will help improve her crop production.
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.