Elmar believes that, "A quitter never wins and a winner never quits"; it is his guiding principle in life. Despite hardships and problems he still has the strong faith and determination to survive. He is 30 years old, married and has two infant children. As a father, he is responsible to provide for all of his family's needs in terms of financial, emotional and spiritual requirements. Rice farming is one of the major sources of their income. Hence, he wants to increase his productions and income to meet their basic necessities and to save for the future of their children.
Due to financial difficulty, he wants to ask for an additional capital of PHP20,000 to buy fertilizers and pesticides to sustain their rice production. He believes that the loan will help a lot to increase their production. He mentioned that only hard work can enable him to make his business fruitful and profitable. He hopes that, in the future, he will achieve all his business goals.
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.