Ronnie is 22 years old, single and newly graduated from college. He aims to earn and save more income in order to purchase a piece of land and build his own house before he settles down. Due to a lack of job opportunities, he decided to engage in hog-raising to generate income. He planned to raise more piglets for sale but he does not have enough capital. Therefore, he is requesting an additional P35, 000.00 to buy the needed feed, vitamins and vaccines for his piglets. He believes that having patience and sacrifices will enable him to improve the business and hopes that he will become successful and financially stable 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.