Danilo is 43 years old and married. He lives in the rural area of Isabela, where he is busy in his hog business, raising pigs to sell later on at the local market in his town. He also works as a farmer for additional income to provide for the needs of his family.
Danilo is asking for a loan of 12,000 Philippines pesos (PHP) to buy feed and vitamins for his pigs, to have quality meat. He dreams that when he sells his pigs in the future he'll be able to construct a house to have a convenient home for his family.
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.