Lebrito is a farmer who lives in Enrile, in the Philippines with his wife and children. They have eight children. His wife is a vegetable vendor. Lebrito goes to the rice fields daily to visit and monitor his rice crops. He had been planting and harvesting rice to sell for over 20 years and earns about P20,000 each harvest season twice a year. He hopes to keep nourishing his crops with fertilizer and insecticide.
Lebrito is asking for a loan of P30,000 to pay labor fees, buy fertilizer and insecticide for use in farming. It will help maintain good nutrition for his crops. Someday, it will lead to a productive harvest to increase income for his family's overall welfare.
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.