Arturo, age 54, raises hogs to earn an income. He lives in La Suerte, Angadanan, with his wife and their two children. He is a responsible father and works hard to manage his business. He applies his income toward supporting his family's daily needs, paying his children's tuition fees, and paying utility bills.
Arturo is requesting a loan in the amount of PhP 28,000, which he will use to purchase feed and vitamins for his hogs. He hopes to increase his profits so that he can meet the financial needs of the family and save money for the future.
Arturo believes that his patience and good business management will enable him to improve the family's standard of living.
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.