Reynaldo is in the livestock business. He has raised pigs for almost 30 years. He learned the business from his parents when he was a teenager until he got married. Reynaldo is now 46 years old and has three school-aged children.
Reynaldo desire to continue operating his business until his children finish their college education. Reynaldo is requesting a loan of 30,000 PHP to buy feed and vaccines for the maintenance of his hogs. He hopes to operate his business as long as he can manage it and see his children in professional careers 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.