George is 43 years old and is married, with 2 school-aged children. He is a farmer and earns approximately PHP 100,000 per crop.
George is asking for a loan of PHP 50,000 to buy at least 20 bags of fertilizer and 4 bags of seed variety for his 4.0 hectares farm. He grows corn and has been doing it for 23 years. George wishes to maintain his business in order to provide for his children's needs in school and for the family's daily needs.
Someday, George is hoping to give his family a sustainable living through farming. He promised to be patient and to work very hard for the reality of his dream.
About ASKI: ASKI is one of the most successful microfinance institutions in the Philippines. It has 38 branches covering the Central and Northeastern areas. Its clients are mostly of farmers, fisherfolks and small entrepreneurs. *Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.
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.