Jerson is 30 years old, married, and has two children. He is a dedicated farmer who always visits his farm to ensure that his crops are in good condition.
Jerson is requesting for a loan for 27,000 PHP, which he will use to buy seeds, fertilizers, and pesticides used to maintain his crops with good quality. Aside from his wife's salary from teaching, selling crops is his family's source of income. With each crop, Jerson is trying to increase his profits. He hopes to increase his income and improve his business.
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.