Marcial, 31 years old and single, raises hogs in Gosi, selling them when they attain the desired weight. Usually earning about P2,000 for each one sold, he hopes to ensure the healthy growth of his hogs and so is requesting a loan of P5,000 to buy hog feed and medicines for them.
In the future, Marcial hopes to keep gaining good profits from his business to attain financial independence.
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.