Arthur has been raising hogs for more than ten years. He is 49 years of age, married and blessed with three children. He currently manages a livestock business and also a farming business. His main goal is to increase his profits to be able to educate his two children and provide them with comfortable living conditions. With his determination to improve his financial stability Arthur is seeking additional working capital amounting to PHP 45,000, which he will use to buy five piglets as well as hog feed for their daily sustenance. He hopes that the loan he has requested will be granted.
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.