Junifen is a responsible father who is raising his family in a rural community. He is 51 years old and has two adult-age children. He aims to improve their poor living conditions in order to give his family a better life. Aside from farming, he also engages in hog-raising business to generate additional income.
Due to financial difficulty, he aims to improve the business to earn a higher income. In this regard, he is requesting a loan of P18,000 to buy feed, vitamins and vaccines needed in hog-raising. He is hoping that this loan will help him to make the business viable in the future.
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.