Froilan is a father who is involved in hog-raising business to generate additional income. He is 38 years old and has five school-age children. Due to hardship of living, he aimed to strengthen the business to earn sufficient income for their daily consumption and the allowances of their children in school. To improve the business, he is asking for an additional capital of PHP 17,000 to buy feed, vitamins, and vaccines needed in hog-raising. Despite problems and calamities he encountered in life, he has a strong determination to improve the business, for he believes that his patience and sacrifices will bear good fruit someday as he continues to work hard and strive harder.
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.