Arturo is a hardworking person who devotes his time to his livestock business. Arturo is married having four children. He lives with his wife and their children in the village of Salinungan West San Mateo.
Arturo is raising three sows. He has been in this line of business for more than 20 years. As an additional source of income, Arturo also raises rice crops on his 7 hectares of rice field. He spends his profit on his two children, who are still students and on the maintenance of his rice field. For this reason, his capital for livestock is no longer enough. So, he would like to take out for a loan of 30,000 Philippine pesos. This amount will be used to purchase hog feed, vitamins and vaccines to make his hogs healthy and ensure they reach their optimum growth. He hopes that his requested loan will be granted so he will be able to let his two children finish their studies and be able to improve their way of living.
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.