Mindo farms for a living. He and his wife nurture their land and grow rice to sell.
He is 45 years of age and does his best to keep the farm productive. He has been working in this kind of business for ten years. Due to his desire to have a better way of life, he applied for a PHP 31,000 loan for his family's farming business. He will use the funds to purchase seeds, fertilizers, and other farming necessities.
With this loan, both the farm yield and his income will increase. He hopes that his loan request will be granted.
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.