As a responsible father, Noel has been cultivating their farm lots by planting onions and other vegetables for sale. His wife is his only partner in managing their farm. Despite the hardships in farming, they tolerate them and pursue the business. They want to earn and save to support the education of their three children. They want the children to earn a degree so that they will find a good job someday.
In this regard, Noel planned to expand his onion plantation to ensure a high yield. He is asking for an additional capital of PHP35,000 to buy the needed fertilizers and insecticides for the onion production. He believes that his patience and sacrifices will bear good fruit someday.
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.