Being a farmer, Laurelio aims to have a fruitful harvest and earn a higher income. He aims to improve his vegetable production business to earn a higher income and satisfy his family's needs. He is a father who has two school-age children. He is raising his family in a village while planting and harvesting fruits and vegetables for sale. He aims to continue sending his children to school so that they will become professionals in the future.
He plans to plant more vegetables and raise livestock for sale but due to inadequate capital, he wants to ask for an additional PHP 15,000 to buy vegetable seeds, fertilizers, and pesticides needed in vegetable production. He hopes that his patience and hard work will enable him to improve his farming business and hopes that he will become successful in the future.
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.