Carlito is forty-nine years of age, married, and has four children. Carlito’s wife is a housekeeper. Carlito is a farmer and manages three hectares which he plants with rice. He has been in this business for nearly twenty-three years. Carlito’s goal in life is to uplift his family's standard of living.
Carlito’s way of uplifting his family's standard of living is to strive, work hard and love his work, which is farming. Carlito's income from the business goes on his children's education. He knows that he has no other treasure to give his children other than education.
Carlito is requesting a loan of PHP 50,000 to purchase seeds, fertilizers, herbicides and pay for labor and land preparation. He hopes to get the loan and he will use it wisely to ensure a better future for his family.
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.