Francisco is a 59-year-old who focused himself on his farming business. He needs to be determined in his business in order to gain more profits.
Now he is requesting a loan of 10,000 PHP that will be used in promoting his farming business. It would be utilized to purchase four bags of fertilizers, insecticides and two sacks of seeds. These inputs are great in developing his business that will possibly bestow on him and his family a higher income. Hopefully lenders will approve his desired loan.
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.