Jimmy is presently residing happy and peaceful with his family. He is 46 and blessed with three children. Jimmy is involved in a farming business which is planting rice in their field. Through the business, Jimmy is able to send his children to school, though it is not the only source of income for the family. With his determination to improve their living and quickly respond to his family's necessities, Jimmy plants vegetables for additional income generation. He believes that education is his only treasure to give to his children. That’s why he is doing his best to further support them and finish their college education.
Jimmy continues planting rice. He is already preparing his rice field to plant. Jimmy needs additional capital to buy farm inputs. He is requesting a loan of 15,000 PHP to buy seeds, fertilizers and herbicides. He hopes that applying a complete amount of farm inputs will lead him to a better yield and income as well.
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.