Dexter is a very responsible young man aged 23. He raises and sells pigs in the small village of Binarzang in Isabela Province. He has five years of experience in this field. Dexter is not alone in his business, his parents helps him a lot. His earnings from pig selling are PHP 15,000 for three pigs in four months. He works for the well-being of his parents and also for his future. He applied for a PHP 10,000 loan to purchase sacks of 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.