Rodrigo is a responsible father who says that, "hard work is the only key to overcoming poverty". He is 54 years old and has four adult-aged children. He works as a farmer raising livestock and in crop production for 30 years now, earning an average net profit of P40,000 per crop season, usually during April and November each year.
To improve his rice production, he is asking for a loan of P15,000 to buy fertilizers, insecticides and pay labor fees for his hired people who work with him in the farm. He hopes to harvest a better yield to increase his income that will be used in acquiring a vehicle for service.
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.