Romeo and his wife have managed a farming business for almost 20 years and they still aim to improve their crop production. Romeo has two children that motivate him to strive harder in making the business grow. Romeo also pays for laborers who help him plant and harvest rice to sell.
Romeo is now asking for 35,000 PHP to buy fertilizers and insecticides used in farming.
With continuous effort, hard work and patience in the business, Romeo is confident that he will achieve a successful farming business for the 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.