Rodel is a very hard-working man who has been running a farming business for over fifteen years. He is 45 years old, married, and blessed with five children.
He is applying for a loan of P15,000 to buy farm inputs, like seeds and fertilizers. He hopes to produce more crops with this loan to lift his family from poor living. He intends to provide a comfortable life and make them feel contented with the living he provides. With his industriousness, he knows that someday they will be financially stable.
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.