Benito and his wife built their own small piggery three years ago, and he also manages five acres of corn field. The couple has been blessed with two children, the older of whom is in school, while the younger is still an infant.
Benito's goal in life is to produce quality hogs, so that he can have a stable business and earn a higher, more consistent income. With that goal always in mind, he is asking for a loan of PHP 15,000. He will invest the money in feed, vitamins, and vaccine for the hogs. Ensuring the pigs' nutrition helps Benito ensure better, more reliable profit throughout the year.
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.