Serapio is a 56-year-old man who breeds pigs and sells them for meat. He has four years of experience in this field. Serapio is an hardworking and very patient person and lives with his family in Binarzang province of Isabela. He has three grown up children.
Together with his wife and children, Serapio looks after his pigs. His monthly income is PHP 1,500 and he would like to increase it to PHP 5,000. For this purpose, he needs PHP 10,000, which he will spend on buying feed and vitamins for his pigs.
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.