Danilo is a rice grower in Alcala. He lives with his wife and two children. He plants and harvests rice to sell. Through his income in selling the rice crop, Danilo is able to send his children to school and provide their school fees. He was determined to send them to school because he has no legacy other than a good education for them. Danilo usually gains about P25,000 each harvest season twice a year.
His crops need farm supplies; that is why he is asking for a loan of P50,000 to buy fertilizers, insecticides and pesticides used in farming. It will help nourish his crops for better production. With good income from the business, Danilo will continue to give the best education to his children and will improve the family's living conditions as well.
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.