Regie is a farmer in the Philippines, and is married to a housekeeper and a loving woman. Regie is engaged in the hog raising business and his earnings from it go to his children's education. Recently, Regie has encountered financial shortages in being able to finance his family and business needs. Hence, he is asking for a loan of P30,000 to buy feed and vaccines for his hogs. He believes that the loan will help him survive the financial crisis he has encountered.
Regie has no bigger dream in life than for his children to complete their education and become professionals someday.
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.