Due to hardship of living, Angelito is involved in a hog-raising business to earn additional income for his family. He is 42 years old and has three school-age children. He wants them to earn a degree and become professionals someday. Despite financial difficulty, he has the strong determination to improve his business to support the education of his children.
Angelito planned to raise more pigs to sell but due to inadequate capital, he is asking for an additional of P35,000 to buy feeds, vitamins and additional piglets to raise. He mentioned that through patience and hard work, he can make an improvement in the business and is hoping that he will become successful in carrying out his plan.
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.