Diosdado farms for a living. He and his wife cultivate their land to grow rice crops to sell. He is 46 years of age and married to Eliza, who raises hogs. They are blessed with three children and one adopted child.
Diosdado does his best to keep their farm productive. He has been working in this kind of business for seven years. Determined to have a better way of life, he applied for a loan in the amount of PHP 35,000 so he and his family can fund their farming business. He will use the loan to purchase seeds, fertilizers, and other farming materials. He knows that through this loan, his yield and income will increase, so he hopes that his loan request will be granted.
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.