Reynaldo is 42 years old, a farmer who is very eager to provide a good living to his family. He tries to lift up his family from poor living and to experience a comfortable life. With this objective, he doubles his hard work in his farming business to gain better crops. He has been experienced in this field for 15 years and he knows that it is not an easy occupation. But despite that, his desire to achieve his dream inspires him to develop his business.
For this reason, he is requesting a loan of PHP 22,000 to purchase farm inputs such as seeds, fertilizers and pesticides to develop his farm more. He hopes through these inputs he can grow plenty of crops for the betterment of their living situation.
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.