Nicasio is 59 years old, married, and lives in the village of Iguig.
To make a living, Nicasio plants and harvests rice for food consumption and sale to traders. He also hires additional laborers who help him in planting and harvesting rice crops. Nicasio is taking out a loan in order to meet all the needed inputs in farming and labor costs, UREA(fertilizers), and insecticides for his farming. He had been a farmer for many years.
He aims to increase his crop production every harvest season. Nicasio is also hoping to become a successful farmer someday and somehow provide a better life to his family through his farming.
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.