Camilo is 56 years old and married with 3 school-aged children. His wife is a housekeeper. Camilo is a farmer working in the Philippines. He has been growing corn for 36 years. Camilo is asking for a loan of 27,000 PHP to purchase fertilizers, such as manure, and rice seeds to be planted on his 8.0 hectares farmland. He wants to maintain his earnings from his farm to further bestow his family needs.
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.