Ambrocio has been working for 16 years in the hog-raising business. He has been fattening pigs and has a sow for breeding. Ambrocio always see to it that his piggery house is clean for safety and is comfortable for his pigs.
Ambrocio is 40 years old, is married and has three children. His children are all at the high school level of education. He is managing his hog-raising business well so he can send his children through school until college.
With the high cost of pig feed at present, Ambrocio is asking for a loan of PHP 50,000 to buy feed for the maintenance of his hogs. He hopes to succeed in his business, to earn a higher income and to save some of it for his children's education.
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.