Melchor has operated his rice fields for almost 16 years. He is 45 years old, married to Rovilita and they have three children. He grows agricultural crops within their village. Melchor is an industrious and responsible man. He mainly sows rice crops and then sells them in the harvest season. He said that working on the land requires effort and patience to be able to obtain a good production of crops. This causes him to devote himself to his business.
Melchor is now requesting a loan amount of PHP10,000 to buy seeds, fertilizers, pesticides and to pay for the cultivation of his farmland. He hopes for the better production in the next cropping season.
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.