Jonas is 23 years old and single. For the past four years, he has run a business raising hogs. His dream is to expand his piggery to provide a stable source of income until he has his own family. He will strive to maintain his business. At present, Jonas is helping his parents with their family's expenses because his parents are experiencing a financial shortage in a time of crisis.
Jonas is requesting a loan of 25,000 PHP to buys piglets and feed. He hopes to make his dream a reality and be able to extend help to his parents.
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.