Larry is a young farmer, married, with one child. He has managed a farming business for two years.
He is requesting a loan of PHP 15,000 to buy seeds and fertilizers for the maintenance and growth of yields on his farm.
Larry said that he needs to double his efforts towards his farming activities to make sure that he can give a good quality of living for his family by means of farming. He wants to save money for the education of his children.
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.