Domingo is 53 years old, and is married to Petrocinia who takes care of their six children. They live in the village of Cutog Grande. The primary source of income for the family comes from raising hogs. Domingo has been engaged in his business for many years and earns about PHP 7,000 per hog when it is disposed. Domingo is asking a loan of PHP 10,000 to buy feed, vaccine, and an additional hog to raise. He hopes to grow his business and earn more profits to secure his family's future.
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.