Gerry lives with his family in the village of Disimuray. He is 42 years old and a father of five children. Some of his children are currently in school. Gerry is a farmer who grows corn. He has 30 years of experience in this field, and, through his harvests, he manages to provide food for his family's needs. At this time, Gerry is requesting a loan of 50,000 PHP to buy fertilizers and seedlings for his farming business. He plans to use the additional revenue generated from the business to pay his children's tuition fees.
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.