As of today, mostly people already feel the hardship of life and poor living. Roberto, aged 48, can’t deny that, and his family experiences the poor quality of living. So he doubles his effort to develop his farming business. But as of now, he suffers from inadequate capital to continue his farming business. For this reason, he is asking for a loan of PHP 20,000 to purchase seeds, fertilizers and pesticides used in his farmland. Roberto hopes for a great improvement in his business as he accesses his requested 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.