Danilo is 31 years old and is married to Laarnie. To make a living, he owns and operates a farm where he raises crops. Laarnie is also a farmer. Danilo earns a living from planting and harvesting rice and has been engaged in his business for over 20 years. He earned approximately 35,000 PHP with his last crop.
Danilo is requesting a 50,000 PHP loan to purchase seeds, fertilizer, and insecticide for his rice farming business. He dreams that his business will become more productive so he can give his family a improved standard of living.
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.