Alfredo has grown corn crops for 15 years and he has raised hogs for 30 years. Currently, he is raising one sow and plans to buy two piglets and hog feed. But his capital is not sufficient, so he would like to borrow a loan of PHP 30,000.
He knows that through this loan amount requested, he could provide proper care to his crops and hogs, which will enable him to gain a better income that will serve his family's needs and provide a comfortable lifestyle.
Alfredo still aims for continuous growth of his corn and hog-raising businesses. In addition, he hopes to have a continuous partnership with lenders so they will continue to support him financially.
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.