Roderick is 28 years old and still single. His ambition in life is to become successful and financially stable before he is going to settle down. To achieve his goals, he engages himself in a hog-raising business to generate additional income. He has been in this business for more than two years and usually earns profits of only 12,000 Philippines pesos (P), which he usually spends on his food and clothing and saves some for his future.
He planned to raise more pigs to sell in the future, but due to inadequate capital, he is asking for P50,000 to buy feeds, vitamins, vaccines and additional piglets to raise. He believes that, someday, he will improve the business and make his dream come true.
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.