Being a father is to be responsible for supporting and providing for all family needs and giving one's family a better life. Likewise, Amor who is a father of three, aims to improve their standard of living and to give his family a better life. He has been a farmer for almost 38 years planting and harvesting rice for sale. Due to financial difficulty, he has engaged in raising fingerlings (fish hatchlings) to generate additional income.
He aimed to strengthen this business to have a stable source of income. He is asking for an additional capital of P40,000 to buy feed and additional fingerlings to raise. He believes that through this loan, he will able to improve the business as he continues to work hard and manage his business well. He hopes that in the future, he will make the business grow and their life will also improve.
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.