Rey has now become engaged in a livestock business as an additional source of income. He is really thankful for the little success he has already experienced. Rey is happy to see that his raised hogs have become healthy. He is currently raising four fattening hogs and three sows. With this number of hogs to raise, Rey is in need of more capital. He will use this loan of PHP 25,000 to buy livestock supplies for his hogs and farm inputs for his rice farming business. Rey is doing this in order to generate a better income which will serve his family and improve his living conditions.
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.
ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.
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Success!! The loan was 100% repaid