Reymundo is a farmer who lives at Palao with his wife and four children; the youngest child is currently in school. The rest have their own employment and sometimes help him financially, but he doesn't want to rely on their remittances. That is why he would like to improve his crop production.
He is now asking for a loan of P20,000 to buy fertilizers and insecticides to use in farming. Reymundo will make his crop productive with enough fertilizers and insecticides being applied to his rice crops.
He would like to keep growing as a successful farmer for the overall welfare 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.