Clemente is 52 years old and a father of two grown up children. He is an example of a determined man. He has endured 15 years of working under the strong heat of the sun and even heavy rains managing his rice field. Desiring to harvest more sacks of rice, Clemente wants to avail himself of a loan of PHP 20, 000 for him to buy insecticides, fertilizer and seeds which are very essential in his farming activities. Clemente is very
hopeful that his loan will be granted.
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.