Edielito is 47 years old and is married with 6 school-aged children. He earns about PHP 5,000 per month as a farmer working in the Philippines.
Edielito grows rice farming and has been doing it for almost 30 years. Edielito is asking for a loan of PHP 10,000 to purchase the needed agricultural inputs like fertilizers and pesticides.
In the future, Edielito hopes to have a plentiful harvest in order to earn income to support the needs of his family, especially the education of their children and for their daily basic needs. He believes that through patience and hard work, he can able to improve their status of living and give their children a better future.
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.