Joel is 25 years old, married, and has two infant-aged children. He aims to uplift their status of living to give his family a better life.
Joel planned to expand his vegetable production in order to have a high production. Due to financial difficulty, he is asking for a loan of PHP 10,000 to buy the fertilizer and insecticides needed to sustain his vegetable production.
He believes that through his patience and hard work, he will improve his farming business and he is hoping that he will become financially stable in the future.
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.