Noly, 43 years old, is from the forest region of Isabela. He is married with five children. Noly manages a farm together with his wife, Margie.
To sustain the needs of his family, Noly is asking for a loan of 40,000 PHP to buy fertilizer and seeds for his farm. Farming is the only way they live. Noly hopes that someday he can put up a store in front of their house, so that they have a source of additional income.
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.