Danilo, 47 years of age, wishes to have a progressive way of living and successful business someday. He cultivates and grows rice within his locality. According to him, he has managed his rice field for 18 years. Through this kind of business, he was able to help his wife in providing for their children's needs.
Danilo would like to request a loan of PHP 15,000 to buy seeds, fertilizers, and pesticides. He hopes to obtain this amount of loan so he could supply all farm inputs needed to his rice field. In this way, he could probably grow better crops and have a better way of living.
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.