Marlon, 32 years old, is married to Rose. They help each other to manage their farm. In order to have a nice living condition, Marlon is requesting a loan of PHP 16,000 to buy fertilizer and seed for his farming business. Marlon hopes that in the future he can expand his farm to meet the need of his family, especially the school fees of his children.
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.