Jose describes himself as god-fearing. He is a loving father of three school-aged children. Jose and his wife are working together to improve their living. His wife cooks and sells snack foods nearby in the school in their village. Jose is good at wood carving and runs a furniture making business in their village. Jose and his wife's priority is to prepare for their children’s education; they will enter college in the next school year. To gain extra income, Jose engages in a pig raising business. He has been doing this business for 11 years and uses his income to improve their house. Jose wishes to maintain the business. He is requesting a loan of P35,000 to buy feed for his pigs to grow. The loan will make a good contribution to maintaining his business and uplifting their family living standards.
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.