Mariano is 20 years old and still single. He lives with his mother, brothers and sister. Mariano is involved in the family farming business. He is a third year college student, taking a criminology course. Mariano is almost finished his course, which is his greatest dream, and he will have a job after graduation.
Mariano shared that his father died seven years ago. During weekend vacations, Mariano needs to help his mother manage their farm business because the profits that come from farming are used for the children's education.
Mariano wanted to borrow a loan to buy fertilizers and seeds and pay for the land preparation of their farm. He hopes to get a good harvest from their fields to gain income and be able to sustain their studies. He will also ensure that he can obtain his greatest dream, which is to help his mother in carrying their family out of poverty.
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.