Roger lives peacefully with his wife and five children. Three children still go to school, while the other two children are already married. Roger grows rice crops on his one hectare rice field and has one hog to be fattened. Aside from his agricultural business, he also has a transportation business which he has operated for two years.
Roger's profit go to their daily household expenses, education of his three children, and maintenance of his hog-raising business. He and his wife work together in order to succeed in life. While Roger is busy cultivating his farmland, his wife is also working at a shop where they sew sportswear and jackets.
Roger would like to have a progressive and stable source of income to let his three children finish their studies and finance his livestock and transportation businesses. For him to achieve his goals, he is seeking additional capital of 15,000 Philippine pesos to allow him to buy two bags of fertilizer and insecticides. He knows that this loan will keep his farmland more productive, enabling him to earn better income and have a comfortable lifestyle.
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.