Eduardo is 56 years old. He lives in Tumauini with his spouse and mother. He is involved in the agricultural business sector, specifically farming. He grows corn on a plot of land. He is very hardworking and the type of person who puts family first, thus doing his best to keep generating a better income from farming.
With this loan he will purchase sacks of fertilizers, seeds, and other farm inputs. This business, to be financed by the Kiva lenders, will significantly increase his family income and all members will have their living conditions improved.
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.