Hog-raising is the primary source of income for Reymundo. He has been in this business for five years and usually earns about 7,000 PHP every four to five months.
He is 48 years old now and is married. At his age, Reymundo still dreams of a good life for his children, so that is why he is fully devoted to his hog-raising business.
To this end, he is asking for a loan in the amount of 40,000 PHP to buy feed, vaccine and vitamins for the proper growth of his hogs. He hopes to grow his business.
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.