Rodrigo is a father who is raising his family in a rural community. He is a farmer who manages his farm land by planting corn, vegetables and raising livestock for sale. Due to insufficient income, he also involved in a citrus plantation to have another source of income. He aims to increase his production and income to satisfy his family needs and finance the education of his children.
Despite financial difficulty, Rodrigo has the determination to continue sending his children to school, for he wants them to become professionals in the future. To improve his farming business, he is asking for an additional capital of PHP 25,000 to buy fertilizer and insecticides for the maintenance of his citrus plantation. He believes that the loan will make it possible for him to improve his farming business and he is hoping that he will become financially stable in the future.
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.