Desiderio pours out all his strength on his farm to make it profitable every harvest season. He had been raising crops on his 1.5-hectare rice field for almost 20 years and earns P30,000 every six months. According to him, it is just enough to pay for tuition fees for his four children. Two of them are in college while the rest are getting their high school education.
Desiderio aims to improve his corn production to provide for all their needs so he is asking for a loan of P45,000 to buy fertilizers and herbicides.
In the future, Desiderio would like to have good finances and enable his family to live comfortably.
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.