Florante is 49 years old and married to Jocelyn. For the past 20 years, Florante has been engaged in the farming business. He is thankful for his business because it allows him to provide for his family's necessities. To easily promote his business, he is requesting a 20,000 Philippine pesos (PHP) loan to buy seeds, pesticides and fertilizers. He believes he will be able to develop his business and increase his crops through the loan.
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.