Francis is 27 years old, married, and has one child. He works in farming to provide for the necessities of his family. He is seeking a loan of PHP 15,000 to buy seeds, fertilizers and insecticides. With the help of this loan, he'll be able to improve his farming business and recover his family’s living situation from financial constraints. He hopes to reap abundant harvests to secure his family’s living standards.
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.