Rodolfo is 35 years old and married with two children. His two children are still studying. Rodolfo is engaged in the hog-raising and farming business. He has run his hog-raising business for one year. Rodolfo would like to buy feed and vitamins for his livestock and plans to prepare his corn farm plot so he can ensure proper care of his corn farming business.
To make his goal attainable, he is borrowing a loan of PHP40,000. He believes this will keep his hogs healthier and fatter because he will sustain them with proper nutrition upon reaching their optimum growth. He just hopes that the lenders will continue to support him financially so he can educate his two children and improve his financial status.
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.