Romulo is a hard-working father of three children and a responsible husband. His main source of income comes from farming. Because he is determined to succeed in life, he has invested the profits he earned farming in another kind of business, which is raising hogs. He is currently raising two sows, five hogs for fattening and one boar.
Romulo is thankful because his wife is supportive and hard-working. At this time, he is struggling due to a shortage of income and his capital intended for his livestock is no longer sufficient. As a result, he is asking for a loan of 35,000 PHP, which he will use to buy livestock feed, vitamins and vaccines to ensure the proper growth of his hogs. In this way, he hopes to obtain better income, which will enable him to improve their standard of living and save some money for emergency purposes.
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.