Manuel's main source of income comes from planting corn. Due to improvement in his business, he has been able to buy hogs to raise. He currently has four hogs that he is fattening.
Manuel has raised hogs for one year. His wife is engaged in a direct sales business. He and his wife both work hard to earn a living. The couple has been blessed with three children. Two of his children go to school, while his youngest child is still an infant. He aims to improve his financial stability so he can provide his children a quality education and sustain their daily needs. To make this dream come true, he is asking for additional working capital in the amount of 30,000 PHP, which he will use to buy feed and vitamins. Manuel believes that his hog raising and farming business will continue to improve so he can attain his goals in life and in business.
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.