Rodolfo is 57 years old, married and thankful because he has been blessed with two children. He has been a farmer for almost twenty years. He usually plants rice and raises hogs to sell. His ambition in life is to improve the quality of living for his family. Sometimes there are problems in his family, but through their strong determination, they survive.
Rodolfo wants to cultivate two hectares of farm land to plant more rice. But he lacks the necessary capital, thus he wants to borrow PHP 25,000 to buy fertilizers, pesticides and corn seeds and to pay for the labour costs required to plant rice. He believes that this loan will help him to make a growth in his business. He is hoping that he will have a plenteous harvest to support his family's daily needs.
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.