Rufino is 47 years old, married to Cely and they are blessed with three children. The family lives in Alcala. They plant and harvest rice to sell as source of income. He usually gets an average net income of PHP 15,000 per crop and this is very helpful in sustaining their needs.
Rufino is now taking a loan to invest in developing his crop output. He will buy fertilizers and insecticides for his farm. This will help improve his crop growth and nutrition. He will pay back this loan in full if it will be granted and will continue striving hard for the development of his business and overall welfare of 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.