Martin is 53 years old and married with four adult-aged children. He is a farmer working in the Philippines.
Martin grows corn and has been doing this work for twenty years. He earns about 30,000 PHP per harvest season. Martin is asking for a loan of 25,000 PHP to purchase fertilizer and seeds for his farm.
In the future, Martin hopes that his farm's yields will improve to support the needs of his family.
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.