Apolonio is 48 years old and married to Saturnina. They have six children. Two of them attend school. The rest have settled into marriage and live separately from them but sometimes still rely on their parents when financial crises arise.
As of now, Apolonio's farming business is generating a good income but he still aspires for a better crop production so that he can further help his children when they come to him for help. He is asking for a loan of P15,000 to buy fertilizers and rice seeds to grow. He hopes to make his business more profitable to achieve financial independence and someday lift his family out of poverty.
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.