Joel started to raise crops at the age of 18. At this early age, he used to plant and harvest rice to sell as a source of income. He was not able to go to college and did not even finish his high school education due to lack of finances. Joel is now 20 years old, single, and an industrious man. He lives with his parents at Lanna, Solana, Cagayan.
Joel is now asking for a loan of PHP 40,000 to buy 5 bags of Urea (fertilizer) and rice seeds to grow.
He aims for the progression of his business that will surely lift his family out of poverty. He also aims that someday when he has children, he will strive harder to educate them.
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.