Fifty-eight-year-old Dalton is married and has two children. He’s been involved in agriculture since he was 10 years old, as he had to help his parents work their land. To get to the fields where he grows his crops, he has to walk 2 kilometers and carry supplies on horseback. When he plants the corn, he transports it on wooden stakes, as the steep slopes make it impossible to use either a tractor or oxen. His harvest is just as good as that from flat fields.
When Dalton needs to buy supplies for his farm, he travels 30 minutes by bus from his hillside community.
He is requesting a loan to buy six bags of fertilizer, a gallon of herbicide, 50 pounds of corn seed and other supplies for his land. The money will help him obtain the necessary supplies in time and in sufficient quantities to ensure a good harvest. He will also be able to build a brick house so that his children can live more comfortably.
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.