Due to hardships, Nestor aimed to improve his rice farming business to increase his yields and income to satisfy the necessities of his family and finance the education of his children. He is 38 years old and has three schooling children.
To sustain his rice production, he would like to avail a loan of PHP 15,000 to buy the needed farm inputs, like fertilizer and herbicides. Being a hard working father, he believes that he will improve his rice farming and increase his production.
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.