Tely, 47 years old, is married and blessed with three children. He farms and operates a tricycle to transport passengers. Tely shares that, even though he is tired from the field, he still operates his tricycle to generate income for his children's allowances in school. His diligence has brought forth a beautiful life for them. His son finishes college and is now working as a seaman in the ship.
With regards to his farming business, Tely wishes for a loan of PHP 28,000 to buy fertilizers and pesticides for his farm. He hopes to continue operating the business, generate good profits, and further support his youngest child's needs in pursuing his college education.
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.