Jayson is 34 years old and single. He has managed a piggery business for almost two years. With this business he is earning a net income of PHP 5,000 per hog. He would like a loan amounting to PHP 15,000 to purchase hog feed and hogs to raise. His income usually goes to cover his daily expenditures, and he is hoping that his requested loan will be granted so that his business will become more profitable.
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.