Redentor is an industrious father of four children. With his determination to send all his children to school, he is operating a farming business as a source of income. This business is risky and difficult but he persists in working for the betterment of his family’s living. He dreams of having a comfortable life with his loved ones and of helping to finish his children‘s education.
For this reason, a 31 year-old is requesting a loan of PHP20,000 to buy corn seeds, fertilizers, and pesticides to use to improve his business. With his strong determination and hard work, he hopes that there will be abundant crops so that his family will experience a better life.
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.