Felisicimo, 38, is a hardworking man who lives in Manalo. He has a rice farming business and fattens hogs as sources of income. Aside from managing these businesses, he also serves his community as a Barangay Councilor (the smallest unit of the community). He enjoys his business though the income from the business is not stable.
He is now asking for a loan of 10,000 Philippines pesos to buy seeds, fertilizers and insecticides. He would like to make his crops more productive and increase his earnings.
In the future, Felisicimo would like to make the family 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.