Leofredo is always aiming for a better yield and a higher income from every crop. He strives to attain his aims. He doesn’t want his children to experience what he did before. Leofredo did not finish his elementary education, because his parents had no capacity to send him in school even though he wanted to attain a higher level of education.
Leofredo is 43 years of age, married, and has four children. His three children are in school--that is, in the high school and college levels of education. Through farming and planting rice in his field, Leofredo is able to send his children to school. One of his children has already finished and pursues the degree through the profit he earns by farming.
Leofredo’s aims push him to strive and continue improving his techniques in farming. He is requesting a loan of P40,000 PHP to buy hybrid rice seeds, fertilizers, insecticides, and herbicides that will he use in rice farming. He hopes that the loan will help him more in improving his techniques in farming.
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.