Tito is a farmer from Pinopoc. He is married and has children to support. He grows rice and sell them to traders upon harvest. Tito usually gains PHP 15,000 each harvest season twice a year. This goes for meals, bills at home and education expenses.
Tito is now asking for a loan of PHP 30,000 to buy fertilizers and pesticides for use in farming. It will help nourish his crops for a healthier growth.
In the future, Tito hopes to keep improving crop production to save for education expenses, and reserve money for future expenses of the family.
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.