Wilmer, who is a farmer, lives happily in Manalo with his spouse and two children, who attend school. He plants and harvests rice to sell from a half-hectare rice field. His loving wife also helps him in managing the business.
Wilmer is requesting a loan of 20,000 PHP to buy pesticides and insecticides to use in the farming business. This will help ensure the good growth of crops and so that someday they can be harvested abundantly. This will help generate the profits necessary to pay matriculation fees on time.
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.