Rodel is a farmer who is raising his family in a rural community. He cultivates his farm by planting rice and some vegetables to sell. Due to the hardship of living, he aimed to improve his rice farming business in order to increase his yields and income to sustain the necessities of his family and give them a better living.
In this regard, he wants to access a financial assistance of PHP 35,000 to buy the needed fertilizer and herbicides to sustain his rice production. Being a hardworking father, he hopes that he will increase his production and income through this financial assistance.
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.