Due to the hardships of living, James engages in a hog-raising business to generate additional income. He is a farmer who is raising his family in a village, planting and harvesting rice and vegetables for sale. He is now 52 years old and has two adult children. He is aiming to improve his hog-raising business to earn and save more income for the future of his family.
Because he has insufficient capital, he is asking for an additional PHP 34,000 to buy feed, vitamins and additional piglets to raise. He believes that through patience and hard work, he will improve his piggery and hopes that someday he will make his business grow.
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.