Allan is 39 years old and single. He lives with his parents in a rural community, planting and harvesting rice and vegetables for sale. Due to the hardship of living he also engages in raising ducks that lay eggs for sale. He aims to improve the business and the family's status of living in order to satisfy their necessities and save some for his future. He planned to raise more ducks but he has not enough capital. He is asking for a loan of PHP 10,000.00 to buy duck feed, netting and additional ducks to raise. He hopes that the loan will help him improve the business and that he will be successful in the future.
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.