Reyson is 23 years old and married with one child. Being a responsible father, he works hard every day to generate income so that he can cover his daily costs. He is dedicated to a farming business, growing rice on his own land. In order to contribute to improving his family's living standards he has worked hard from early morning till late evening for years.
He would like to develop his business, which is why he is asking for a loan in the amount of Php 22,000 to purchase mineral fertilizers and seeds for the new planting season.
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.