Danilo is 51 years of age, married and they are blessed with three children.
Danilo’s goal in life is to manage his hog raising business well and achieve a higher income. Through the business, Danilo can send his children to college to finish their education and become professionals someday. He believes that education will lead them out of poverty.
Danilo and his wife provide their daily expenditures for household use, children allowances and feed for their hogs.
Sometimes they have financial shortages because of additional expenses. Therefore, Danilo is requesting a loan of PHP 50,000 to buy feed for his hogs. He believes that the loan will be a big help to him in reducing his concerns about his daily expenditures.
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.