With his long experience in farming, Antonio shares that his expertise in the field is continually improving. Antonio has managed his rice farming business for more than 20 years. He is married and has four children as the fruit of love with his wife. Antonio’s wife is engaged in a tailoring business. His wife's income from the business is used for daily consumption in the household.
Antonio encounters difficulties in fulfilling his needs in farming. Thus, he needs financial support to meet these needs. He has decided to seek a loan of PHP 27,000 to buy seeds and fertilizers for his farm. Antonio hopes to receive the loan as it would be beneficial for him in maintaining his business.
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.