Emmanuel believes that, "Patience and hard work are the key to overcoming poverty." He is 35 years old and has two infant-aged children. He is a farmer who is raising his family in a rural community. He cultivates his farm lots by planting corn and vegetables for sale. He also engages in a hog-raising business to generate additional income.
Emmanuel plans to improve the business and increase his income to satisfy his family needs and save for the future of his children. To improve the business, he is asking for an additional capital of P 10,000 to buy feed, vitamins and additional piglets to raise. He is hoping that someday he will improve the business and make it profitable through this financial assistance.
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.