Edgar is a 32-year-old married man with two children. He has been raising hogs for 5 years. Edgar loves and enjoys raising hogs a lot. He has stated that providing necessary vaccines and feeds to the hogs will help improve their growth.
Edgar is requesting a loan of 35,000 Philippine pesos (PHP) to allow him to buy feeds and vaccines for his raised hogs. He believes that his hard work and this loan amount will give him a positive impact in improving his business. Edgar would be glad if he had continuous access to financial services in order to gain more profit to improve his living condition and save some money 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.