Ilam, 51, has followed his parents’ example of being a hardworking, responsible, and honest person. This is his second loan request and he’s been punctual with his payments. Ilam is grateful to Feliza for the support it’s given him and at the same time he commits to continue being responsible with his loan. He requests the loan to buy chemical fertilizer, organic fertilizer, and seeds for his farm.
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.