Edgar is peacefully living within the village of Pinto Alfonso Lista. He is 37 years of age, married and blessed with four children. All his four children are still studying.
Edgar's wife owns a variety store while he is busy raising crops and pigs within his local community. Nowadays, he is fattening six and raising three sows and eight piglets.
He wants to sustain them with proper nutrition and ensure proper growth so that upon reaching their maturity period, he can dispose them at a higher price. But his capital intended for his livestock is no longer enough due to his expenses in preparing his corn field. Therefore, he is asking for a loan of PHP 50,000. He will use this loan to buy hog feed, vitamins and vaccines. He hopes that his hogs will gain weight so he can improve his financial status and support his children's education.
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.