Melicio started his farming business at the age of 23. After his high school graduation, he devoted his time to cultivating his rice field. Melecio is now 29 years of age, and married with two children.
Melicio plants rice crops on his 2.2 hectares of rice fields. His main goal is to obtain a plentiful harvest this next crop season. To make this goal possible, he is asking for a loan of 40,000 Philippines pesos (PHP), which he will use to buy fertilizer, insecticides, and gasoline to ensure proper plant care of his rice crop production.
Melicio believes that his success relies on his hard work, proper farming techniques, and resourcefulness. He hopes that his loan will be granted, so that he can attain his goals in life.
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.