Due to the high cost of commodities and school fees, Tibon plans to expand his vegetable production to increase his yield and income. To realize his plan, he is applying for a 10,000 PHP loan to buy the seed, fertilizer and pesticides needed in vegetable production.
Being a hardworking father, Tibon believes that he will improve his family’s living standards through hard work and financial assistance from lenders.
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.
ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.
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