Rufino is a farmer in the Philippines who operates a farming business as a source of income. He also engages in the poultry-raising business to generate additional income. He is 40 years old and supports his wife and five children through these businesses. He aims to improve his living and increase his income to satisfy his family's needs, especially the educational needs of his children.
Rufino is now requesting a loan of 15,000 PHP to purchase farm inputs such as corn seeds, fertilizers, and pesticides to use in developing his farming business. Hopefully, the loan will help grow his business and help him lift his family out of poverty.
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.