Geraldine is 40 years old and married. Geraldine is a farmer working in the Philippines. He earns PHP 25,000 per cropping season. Geraldine is asking for a loan of PHP 23,000 to purchase fertilizers and other needed materials. Geraldine has been growing rice for almost 12 years. In the future, Geraldine hopes that his farming business will be more progressive and support the increasing needs of his family.
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.