Living a fortunate life is what Jesus, above, wants for his family. He is a farmer who lives at Amulung with his wife and four children. He is now 45 years old and has been planting and harvesting rice to sell for over 10 years. He usually earns about PHP 20,000 each harvest season and it goes toward meals and education fees for his children. Jesus is now asking for a loan of PHP 30,000 to buy fertilizers, insecticides and pesticides used in farming. This loan will help nourish his crops and someday allow him to harvest them profitably. With the additional income generated, he will continue to pay school fees, and someday hopes to be happy and proud to see his children as professionals in their chosen careers.
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.