Renato is 52 years old and an industrious father of three 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 he is aiming for a higher way of living.
This led him to request a loan of PHP 20,000 to purchase seeds, fertilizers, and pesticides. He hopes to make his business more productive with his loan and to earn sufficient income for the improvement of 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.