Alfredo is a responsible father who is raising his family in a rural community. He is 47 years old and has three school-aged children. He aims to improve his farming business and generate sufficient income to satisfy his family needs and continue sending his children to school. Due to the high cost of school fees, he also engages in hog-raising to earn additional income.
Alfredo planned to raise more pigs to sell but he has inadequate capital. For this reason, he is asking for a loan of P 30,000 to buy feed, vitamins and additional piglets to raise. Despite the hardships in farming he has the determination to uplift their standard of living. He is hoping that someday, he will become successful and financially stable.
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.