To earn his living, Aurelio raises livestock, especially pigs, to sell. He decided to establish his business in order to generate income instead of just lazing at home and doing household chores. He is 53 years old and he has three children. He would like to expand his business, but he has insufficient funds. Therefore he is asking for a loan of 30,000 PHP to buy vitamins, vaccines, and feed for the sustenance and proper growth of his hogs. He hopes this loan will be granted as it is his only chance to improve his business and his family's lives as well.
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.