Agricultural business has been the main source of income for Robert. He grows corn crops within his local community. He aims to provide the daily needs of his only child, since he is already widower.
Robert would like to apply for a loan due to insufficient capital. He is requesting a loan of PHP 50,000, which will be used to buy certified seeds, pesticides, fertilizers and other necessary farm supplies. He hopes that KIVA lenders will continue to provide him with financial support in order to produce more healthy corn crops. Through this loan, he can sustain his child's needs and save some amount for his emergency purposes.
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.