Agustin is already a widower and is a father of four; his one and only daughter assists him in managing their farm while his three sons are working in a government office.
Agustin grows rice and corn in their field. His wish to maintain his yield made him take out a loan of P30,000 to buy herbicides and fertilizers and to pay the labor cost during planting season. He dreams that his children will all have a good life. He is also hoping for a good harvest every year.
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.