Virgilio, 40 years old, married and he and his wife were blessed with four children. He's been growing corn for almost 18 years. His net income last planting season was 20,000 PHP.
He's asking for a loan of 30,000 PHP to purchase fertilizers and seedlings for his corn farm. He hopes to continue to access loans and achieve his dream for his children through patience and hard work.
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.