Jayson is an industrious father. He supports his family through rice farming. Through the income that he is generating from the business, he is able to provide the daily needs of his family. But, as a father who wants to provide a better living for his family, Jayson wants to further improve his farming activities.
With that, he is requesting a loan amounting to PHP 27,000. If this loan will be granted, he intends to buy additional seeds, fertilizer, and insecticides. He hopes that, with these essential needs of his farm, he could harvest more sacks of rice, which will lead to a higher income.
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.