Jefferson is 31 years of age. He is married and is blessed with 2 children. He has been growing rice for almost 5 years. From his last crop, his net income was 30,000 PHP.
Jefferson is asking for a loan of 28,000 PHP to purchase additional farm inputs such as seedlings and fertilizers. He hopes that KIVA lenders will continue assisting him in the business so that he can further improve it and support his family with enough basic necessities.
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.