Urbano is proud to share that he is a farmer. Urbano plants and harvests rice in his village. It is his way of generating income to fulfill his family's basic needs. Urbano’s wish is to have a healthy body to be able to continue to operate his farming business.
Urbano plants a large crop of rice in his field. Sometimes, he has difficulty financing his farm because of expenditures of the family.
In this connection, Urbano is requesting a loan of PHP 40,000 to purchase fertilizer and herbicides, to apply to his grown rice. He believes this loan will succeed with the business he has.
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.