Aurelio is living with his wife and one child at the village of San Jose. He has owned and operated a one and a half hectare rice field for the past five years.
He is really glad that he is able to make his rice field productive. Now, he would like to maintain continuous growth so he can earn better yields and profits, which will be used to cover all of his family's household expenses.
Aurelio is asking for additional capital of PHP30,000 to buy necessary farm inputs such as fertilizer and insecticides. This will help him gain better yields, every harvest season and enables him to earn greater profits.
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.