Eves is 39 years old, married, and has four children, two of whom attend school. Her husband is a farmer and carpenter. She and her husband manage two hectares of rice fields. They have been in the farming business for 19 years. Eves also raises hogs and has a fish pond.
Due to increased expenses in her hog raising and fish pond business, Eves is requesting a loan for 25,000 PHP, which she will use to buy fertilizer and insecticides to ensure proper growth of her crops. With the necessary farm inputs, her yields will increase.
Eves is looking forward to increasing her income, which will enable her to supply the basic commodities for her family. She is determined to educate her four children and give them a bright future.
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.