Danilo is 51 years old and married to Susan. The couple is blessed with seven children. Danilo is thankful that his wife helps him to manage their rice farm. According to him, he is able to earn about 30,000 PHP every harvest season.
Danilo grows rice and has been doing this for 21 years. Due to insufficient capital, Danilo was encouraged to join ASKI and be part of their organization. He is asking for a loan of 25,000 PHP to further improve his rice farming business. He will use the loan to buy fertilizer and insecticides for his farm. He hopes that his loan request will be granted.
In the future, Danilo hopes to continue to improve his farm so that his profit will increase.
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.