William is a hard-working father who raised his family in a village. He is now 43 years old and has four school-aged children. The main source of their livelihood is farming. They plant rice and raise fingerlings (fish hatchlings) for sale. He aimed to improve their sources of income in order to continue to send their children to school since they want them to earn a degree and become professionals someday.
Despite the hardships of life, William is striving hard to support the education of their children. He is asking for an additional capital of P35,000 to buy feed and additional fingerlings to raise. He believes that this loan will help a lot to improve the business. In the future, he hopes that their business will become a viable source of income. He mentioned that through patience and hard work he will able to achieve his 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.