Epifanio is 52 years of age and married to a hardworking woman. As the fruit of their love, Epifanio and his wife were blessed with eight children. Three of his children have finished their studies, and they are now working. Two did not finish their college but still they are working, and the rest are presently in school.
Epifanio is a farmer. Through planting and harvesting corn, he is able to send his children to school. He pays his children's school fees through the income he gains from farming. Epifanio admits that he has difficulties providing his children allowances for school – that’s why he has engaged himself in raising hogs for additional earnings.
Epifanio is asking for a loan of 15,000 Philippine pesos to buy feed for the maintenance of his hogs. He will use the loan wisely to maintain and develop 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.