Abelardo lives at Pinopoc with his family. 58 years old, he is a farmer who grows rice to sell. He aims for better crop production; that is why he is asking for a loan of 30,000 PHP to pay for labor fees, fertilizers and pesticides for use in farming. These inputs will help nourish crops for healthier growth.
Abelardo hopes to keep improving his farming practices and acquire more crop production to lead his family to income stability.
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.