Pablo is from Nagrumbuan. He is 50 years old and is married with six children. He works hard to give his family a better quality of life by doing something that brings additional income and will allow him to support his children and extended family. Pablo has been engaged in farming. He usually plants and harvests rice and the sells it to buyers. According to him, the income from his business will help him to cope with the needs of his family. Thus, Pablo wants to obtain a loan in the amount of 45,000 PHP to buy farm inputs such as fertilizers and rice seedlings. He hopes that he can get the amount he requested for the further growth of his business.
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.