Roldan is an industrious person, who is engaged in growing rice as a source of income. He is 21 years old and still single. He helps his parent in lifting up their poor standard of living. He works hard in his business to yield good proceeds. Right now, Roldan is asking for a loan of PHP 25,000 to buy seed, fertilizers and insecticides to sustain his farm production levels. He hopes to maintain his business to secure a best way of living.
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.