Norlito believes in the saying try and try until you succeed. There is no harm in trying, because he believes that the only failure in life is the failure to try. Norlito is 47 years of age, married and has five school-aged children.
Norlito is engaged in planting rice. Aside from planting rice, Norlito also manages a hog-raising business. He has been doing it for 14 years. His secret of long duration in managing his business is trying and trying until he develops his expertise in doing this type of business.
Norlito wants to maintain his hog-raising business. He had difficulties in sustaining his hog feed. That’s why he is asking for a loan of PHP 25,000 to buy feed for his hogs. He wishes to become a successful businessman and borrower, as well.
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.