Joel aims to become a successful businessman some day. He is married and has one child. He plans to strengthen his business so he can save some amount for the bright future of his child.
Joel has run his hog-raising business for three years. According to him, farming has been the main source of income of the families in his area. Joel and his wife work together to generate sufficient funds for their family's basic necessities and maintenance of their four hectares of corn field.
Joel is asking for a loan of PHP 35,000, allowing him to buy hog feed and vaccines to improve the growth of his hogs. He is hoping for the approval of his requested loan amount so he can strengthen his livestock business.
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.