Patience and strong determination are Norberto's secrets of why he is still standing firm and able to sustain his family's needs. Despite having no stable job, he is not losing hope that he can carry his family out of poverty. He is married and has three children. Norberto engages himself in a farming business, which is the planting and harvesting of rice.
Due to the lack of capital, Norberto could not sustain his farm's needs to get better yields. In regard to this, he decided to borrow P25,000 to buy fertilizers, seeds and herbicides to complete the required needs for farming and being able to get better yields. He wants to get a higher income from farming to further support his family's needs.
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.