Jerry is 42 years old, married and has two children. His biggest dream in life is to see his children finish their education and become professionals someday. Because of that, Jerry is working hard in farming to ensure his income. Along with him is his wife who serves as his partner in the business.
He has been 22 years in rice farming and usually, he earns Php 25,000 per harvest season (twice a year). He plans to increase his yield by applying exact amounts of fertilizers, spraying insecticides to avoid pests and applying herbicides to avoid growth of weeds for a better yield.
Jerry is requesting a loan amount of Php 27,000 to buy fertilizers, insecticides, herbicides and rice seeds. He hopes that this loan will help him improve his practices in farming.
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.