Nelson is a farmer living in Villa Domingo with his wife Elvie and two young children. The couple manages their rice planting and harvesting business together and have been doing this for 25 years. They harvest twice a year for a yield of about PHP20,000 each harvest season.
Nelson would like to keep making the business profitable so he can pay for his childrens' education. He is now asking for PHP30,000 to buy farm supplies (fertilizers, insecticides) used in farming. Nelson prays for his family's good health and a productive yield from the farming business so he can attain progress for the family.
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.