Eduardo lives with his family in the village of Disimuray, Cauayan City, Isabela. He is 50 years old and a father of three children. Two of the children are currently in school. Eduardo is a farmer who grows corn. He has 35 years of experience in this field and, through his harvests, he manages to provide food for their family needs.
At this time, Eduardo is requesting a loan of PHP 40,000 to buy fertilizers and seedlings for his farm business. He plans to use the additional revenue generated from the business to pay the tuition fees of his children.
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.