Jose believes that the future depends on what we do in the present. He is doing his best for the better future of his family. Jose is 49 years of age, married and has five children. He has been managing a hog-raising business for five years.
Jose's profits from the business depend on the weight of the pigs. He can sell his hogs within four months of taking care of them and gain PHP 2,000 each. He can gain a higher income from the business if he gives the exact amount of feed for his pigs. Jose is asking for financial support of PHP 20,000 to buy feed for the maintenance of the hogs he raises. He believes that the loan will be a big help to gain a higher income from the business. His profits will serve as payment of his children's fees in school.
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.