Efren is a farmer who lives in Enrile with his wife and children. Efren raises crops. He primarily plants and harvests rice to sell. While he is busy in the rice field, Efren's wife, Elena, raises hogs to sell as an additional source of income. She sells them to butchers. The couple earns about 10,000 PHP monthly in their businesses.
Efren wants to guarantee the health of his crops, but he currently has insufficient funds. That is why he is asking for a loan of 30,000 PHP to buy pesticides and fertilizers to use in his farming work.
Someday, Efren and his family will achieve a better life if they continue to develop their businesses and increase their profits.
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.