Roque is a farmer who lives in Lanna with his spouse and two children. Income from the farming business goes for meals and allowances for his children. Roque's wife is his partner in planting and harvesting rice to sell. They have been doing it for over 10 years now.
Roque is now 47 years old and still wants to improve his farming practices and keep ensuring an abundant harvest. He is now taking out a loan of PHP 48,000 to buy farm inputs such as fertilizers, pesticides and molluscicides to use in farming. This will help maintain good profits from the business.
Roque is also praying for good health so he can continuously manage his business and pay for his children's education.
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.