Larry manages two hectares (5 acres) of corn and rice field. He is requesting a PHP 28,000 loan from Kiva lenders to purchase agricultural inputs needed on his farm. He will also utilize some of the amount to pay for farm laborers who will help him during the planting season.
Larry is 41 years old and has five children: Rosemarie - 17 years old, a graduate in high school and who now works as a saleslady in Manila; the same with Ronalyn - 16 years old; Rico Yan - 14 years old is a high school sophomore; Ronel - 9 years old, in grade school; and Ruben - 1 year old.
With the assistance of his wife, Wilma May, Larry keeps struggling for the welfare of his family. They are living at Barangay San Vicente of Angadanan, Isabela, a rural and distant place.
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.