Roldan is 42 years old, lives in Divisoria and is a father to a four school aged children. He is a hardworking farmer and has been in his business for more than 10 years. Every harvest season, he is earning an income of PHP 20,000 which is just enough for their basic needs. His wife served as cook in a restaurant and he wants to help her earn a bigger income than the usual to provide for the growing needs of his children in school.
Roldan is requesting a loan of PHP 15,000 to buy herbicides and crude oil for his farming business. In the future, he wants to see his family in better living conditions.
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.