Robert is 44 years old and married. He has three children who are studying in school. He relies on an income he earns through a farming business. His wife also helps him with the business. They plant and harvest rice with the help of laborers he pays also. He is now asking for additional capital of PHP 10,000 to buy fertilizers and herbicides for use in farming. These farm inputs will help prevent pests that will affect the growth of his crops.
Robert hopes to achieve a productive harvest and earn good profits some day.
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.