Joemar has been a farmer for almost 10 years, planting and harvesting root crops and vegetables for sale. He aims to increase his yields and income to satisfy the family's basic needs and continue sending his five children to school. Despite financial difficulty, he has the determination to uplift their status of living, for he believes that through patience and hard work, he will improve his farming business.
He plans to plant more vegetables and root crops for sale, but he doesn't have enough capital. Therefore, he is requesting an additional of 20,000 Philippines pesos to buy fertilizers and insecticides needed for the maintenance of his crop production. He hopes that someday, he will be having a fruitful harvest and give his family a better life.
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.