Guillermo has been a hog raiser for two years. He is a married man with three children. All of them go to school.
Guillermo believes that the improvement of his living condition is based on his own ability to run his livestock business well. So he works hard in order for him to increase his profits. Still the income being gained is not enough.
For this reason, he is requesting additional working capital in the amount of PHP 35,000. This amount will allow him to buy livestock feed and vaccine. Through this amount of loan, he can make his business more profitable, which will enable him to obtain financial stability. In addition, he can enable his children to finish their degree courses.
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.