I am continuing to dream and not lose hope that someday I will lift my family out of poverty, Ricardo says. Ricardo is full of dreams that push him to work hard and improve his strategies to attain his dreams. Ricardo is 36 years old and is married to a housewife with four children.
Ricardo is requesting a loan of P25,000 to buy hybrid seeds, fertilizers and fuel to use in farming. Ricardo visits his farm daily to assure that his crops are not affected by any disease like neck rot and pests. His target is to earn a higher income.
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.