Isaias is 41 years old, married and a responsible father of five children. He has a farming business, which he hopes will help him maintain his family in good living conditions. Isaias knows that while working on the land is very difficult and risky, he can attain his wish for his family, because caring a lot about his business will always bring a profit.
Isaias is requesting a loan of PHP 15,000 to buy seeds, fertilizers and pesticides to use in his farming business to help make sure that he will earn a high profit for the next crop season. Through his tirelessly working his farming business, he knows that someday he could be able to own a large coverage of farm land.
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.