Melbert, age 35, is a vigorous and diligent man. He is a farmer and has been eight years in the farming business. He does this business to be able to support his family, especially his three children. It was a hard path to take on this source for income, but Melbert has no choice because he was not able to finished his education. Despite that, he devotes himself to working hard, and he is requesting a loan of 20,000 Philippine pesos to purchase seeds, fertilizers and pesticides to use for his farm. Hopefully he can increase his income to save for the education of his children so they can avoid repeating his fate.
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.