Harold is 38 years old and blessed with seven children. He is a farmer who supports his children through his farming business. But providing their needs through this source of income is really difficult for him. His children suffer, to the extent that they weren’t able to attend school. But still, he hopes to save for them.
Now, he is asking for a loan amount of P10,000 to buy seeds, fertilizers and insecticides. He is assured to yield better crops in the harvesting season through the loan in order to save for the schooling of his children. He wishes that all of them would finish their 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.