Reynaldo is 44 years old and is married to Marife. He has managed a hog-raising business for 11 years. His wife works as a vegetable vendor. Reynaldo and his wife help each other to attain their goal of providing a good quality of life for their children. He and his wife believe that one way of doing this is to provide for their children's needs and send them to school. Reynaldo believes that education is the key to success. Reynaldo requests a 25,000 PHP loan to purchase food and medicine for his pig and buy more pigs to sell after he has fattened them. He looks forward to the growth of his business.
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.