Jeremias is a hardworking father whose aim is to uplift his family's living situation and provide for the basic needs of his family. He is engaged in the rice farming business and this has been the family's main source of income. The business provides for the immediate needs of his family, especially the educational needs of their children.
Jeremias is now requesting a loan of 30,000 PHP to pay for the labor cost of the land preparation, pulling of seeds, and transplanting in the rice field. He knows that the loan will be of big help, not only for the growth of his business, but also for his family.
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.