Domitilio is a hog raiser from Capatan. He fattens and breeds them for sale upon achieving the desired weight. He has been in his business for over 10 years now. Domitilio lives with his wife and youngest child. He has five children. His youngest child still pursuing college, the rest have settled into marriage and live far from him.
Domitilio would like to keep making his business profitable so he is now asking for additional capital of PHP 25,000 to buy five sacks of feed, medicines and vaccines for hogs. he hopes to continuously give nourishment to his hogs so he will sell them at higher cost and earn more income which will lead to financial stability someday.
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.