Jonald is a responsible husband. He is 28 years old. He raises hogs and sells them for a profit. He wants to have more hogs to raise, and this is why he is borrowing 10,000 PHP (Philippines pesos) to buy vaccines, feed and medicine to sustain his hogs. Aside from raising hogs, he also raises chickens and will buy feed for them, too. With hard work and the help of his wife, he hopes to achieve economic stability 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.