Raising hogs is the business of Harris. He is a young and single person. He is the second child in his family. Before, he just helped his parents in running their livestock business, but since he is the right age, he now manages their livestock business, which has been running for ten years.
Harris would like to have continuous growth of his livestock business, so he is requesting a loan of PHP 25,000. He will use this loan to buy two piglets and hog feed for their daily maintenance. He hopes to make his business more profitable so he can help his parents in generating funds for their family needs.
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.