Jay-Ar is 37 years old, married and is from Carmencita. He owns a small plot of land where he has been growing rice since 2003. Farming has been his family's main source of income so he has been doing his best to increase his yield. He is asking for a loan of PHP15,000 as additional farming capital to buy fertilizer and seedlings. This loan will be very helpful for him to improve his crop. Eventually, this will help him improve his production when the harvest season comes.
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.