Jorge is 34 years old, married and has three children. He grows hogs and butchers them too. He sells them at the public market. He has been in the business for over eight years now. He usually gains PHP 15,000 each month. It goes for meals, bills at home and education fees of his children.
He wants to keep raising healthy hogs but has insufficient funds. That is why he is now asking for a loan of PHP 30,000 to buy hogs, their feed and vaccines for sustainability.
Some day, Jorge would like to keep making the business profitable in order to acquire more funds for education and the overall welfare of his family.
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.