Hector, 46, is requesting a loan amount of PHP 10,000 to buy feed and vitamins for his livestock, in prevention of food deficiency. He wants to make them nourished and healthy, to earn a higher income for security purposes, in times of emergencies as well as for the studies of his three children. It is pretty difficult, but his willingness to lift his family from poor living encourages him to execute the work.
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.