Sonnyboy is 35 years old and married but has no children yet. He lives in a wooden house that he bought five years ago.
Sonnyboy has been farming for almost eight years. To have adequate help in the fields, he hires local laborers who do excellent work on his farmland.
In the future, he’d like to become a buyer of agricultural products because he’ll be able to earn higher profits and insure a better future for his family. He's asking for a loan of Php 15,000 to buy organic manure for his agricultural business.
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.