Joselito is married and has four school-aged children. Joselito is a farmer working in the Philippines and has been doing this work for 20 years.
Joselito is asking for a loan of 25,000 Philippine pesos (PHP) to purchase fertilizer and seed to grow. Joselito hopes this loan will expand his operations. Currently, Joselito earns 35,000 PHP every harvest season.
In the future, Joselito hopes to have bigger farmland to cultivate.
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.