Juanito is 53 years old and married with four children. He is a farmer who lives simply in Dalaoig, Alcala, Cagayan.
Juanito works as a farmer while his wife raises hogs and chickens. He wants his business to grow so he is asking for a loan of PHP 25,000 from lenders.
Juanito wants to maintain his farming business, and this leads him to borrow a loan of PHP 25,000 from lenders. He hopes that his business will continue to grow, enabling him to save money for his family's future.
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.