Wilson is 41 years of age. He is married and has been blessed with three children. He has been growing rice for almost 30 years. His net income from the last cropping was approximately PHP 20,000.
He is asking for a loan of PHP 15,000 to purchase fertilizers and seedlings for his farm. This will surely be of great help in the development of his yield in the coming harvest season. According to him, rice farming depends upon the applied farm inputs, the climate and on how well the rice field is managed.
In the future, Wilson aims to provide a better living for his family through farming.
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.