Jay-Ar is 25 years old and is single. He runs a hog-raising business, primarily hogs for breeding. He dreams that his business will grow so he can extend his financial support to his parents before he builds his own family. He continues working hard to be able to attain his goal.
Jay-Ar has 3 sows and 14 piglets. He has been experiencing difficulties sustaining his pigs because feed is costly now. He therefore decided to request a loan of 25,000 Philippine pesos (PHP) to buy feed for his pigs. He hopes to maintain his business until he gets married and builds his own 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.