Jesus is now 50 years old and married with five adult children. His wife is a plain housekeeper. He has been raising pigs for sale and breeding for 15 years already. He generates at least PHP 25,000 for the three pigs sold in every quarter.
Jesus is requesting a loan of PHP 50,000 to purchase a sufficient supply of hog feed and to renovate the pig pens. He hopes to grow his business further to sustain his family's necessities, especially in providing education for his children.
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.