Leopoldo is 51 years of age and has seven children. He is a farmer in their community, and this has been his main source of income. As head of the family, he always wanted to see his family in a good way of living. For this reason he’s in need of additional working capital to purchase the necessary supplies for his farming to achieve a good income.
He is asking for a loan amount of P15,000 to buy seeds, pesticides and fertilizers. Hopefully, this time his crop will yield more so that he can at least lessen the poor living they have.
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.