Marlon is 38 years old, married and has three children. Marlon is a farmer and has been raising crops, primarily planting and harvesting rice to sell, for over 10 years now. He earns PHP 20,000 during harvest season (twice a year). He aims to improve the growth of his crops, which is why he is asking for a loan of PHP 40,000 to buy fertilizers and pesticides and pay laborers who help him in the farming business. He needs additional laborers because he is not able to do all farming activities such as sowing, tilling, planting and harvesting crops.
In the future, Marlon hopes to achieve plenty of crops to harvest in order to save funds for his children's education.
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.