Efren usually plows, sows and puts fertilizers on his farmland. To maintain and develop his business, he is asking for financial assistance from ASKI that provides hope to small farmers like him. A loan of PHP 10,000 will be used to buy seeds, fertilizer and insecticides. Efren was not blessed with a good way of living so he practices to become a valuable man and he hopes that his three children will adopt this vision.
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.