Chave has sold chickens for almost ten years. He is 49 years of age, separated for 12 years and blessed with seven children. Three of his children are college graduated; the other two are still studying; one works overseas and the other one is his helper in his business.
Chave sells his live chickens to different municipalities using his vehicle used to transport them. According to him, he is able to sell 900 live chickens every other day because of their affordable price. Chave plans to expand his business and provide dressed chickens. With regards to his goal, he is asking for additional capital of PHP 50,000. He hopes that his business will further expand, so he can earn a better income enabling him to get ahead in life and support his two children that are still studying.
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.