Regie is a hog raiser in the village of Namnama Alfonso Lista. He is currently fattening four hogs. Aside from this, he also grows corn on eight hectares of farmland.
Regie would like to take out a loan of PHP 10,000, which will allow him to buy hog feed, and some of the amount will be used for the maintenance of his eight hectares of farmland. He also believes that through this loan, he can ensure the proper growth of his hog-raising business. Regie hopes and prays that he can further keep his farming and hog raising more productive and profitable so that he can save money, which will be used to pay for the education of his two children and improve their 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.