Gloria is 60 years old. She is married and has six children. They currently reside in the village of Manaoag. She's been into vegetable farming for almost 40 years. She planted vegetables such as eggplant, squash, string beans, and tomatoes in their back yard. She's earning 15,000 PHP a month. She would like a loan amounting to 40,000 PHP to purchase seedlings and fertilizer. According to Gloria, she plans to buy a lot for her family. She's hoping that her loan will be granted to enable her to improve her business.
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.