Romeo has been involved in business for many years. He is an experienced farmer. He is involved in growing agricultural crops. Working on land is hard labor that requires a lot of effort and funds to buy mineral fertilizers and seeds. Romeo wants to obtain this loan to plant corn crops and gather his harvest. Currently, Romeo is teaching the farming business to his sons. He knows that the land will always provide a good harvest if you work hard enough.
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.