Due to financial burden, Benedicto became involved in the hog-raising business to earn additional income for his family. He is a farmer who lives in a village with his four children. Together with his wife, they planned to upgrade their poor living condition so that they will give their children a better life. They aimed to improve their sources of income so that they will become financially stable someday.
In this regard, Benedicto aimed to improve his hog-raising business to earn and save more income to satisfy the family's necessities. He wants to ask for a loan of P15,000 to buy feed, vitamins and vaccines needed in hog-raising. He hopes that this loan will help him to improve the business. He also hopes that his business will become successful someday.
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.