Randy is 38 years old and an industrious father of two children. He is very enthusiastic to support his family through his farming business. With this kind of occupation, he is able to provide for his family's basic necessities, but is not be able to save for the education of his children. So, he is requesting a loan of P25,000 to purchase seed, fertilizer, and pesticide. He hopes to protect his business with his loan, earn sufficient income to educate his children, and improve his family's living situation.
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.