Gerardo has been patiently operating his farming business for over 30 years in order to support the needs of his family. Currently, he needs additional working capital to maintain and continue operating his business. He is requesting a loan of 12,000 PHP in order to purchase seeds, fertilizers and pesticides. He hopes to continue to grow his business in order to provide a better way of living for 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.