Reynaldo is married and has three children attending school. His wife is engaged in a retailing business, while Reynaldo runs a business raising hogs for breeding. Reynaldo started the business with four head of hogs for fattening. When he realized that his earnings were insufficient to sustain his children's needs in school, he decided to grow hogs for breeding. Now, Reynaldo has five heads of pigs for breeding in addition to the hogs he fattens.
Reynaldo's greatest dream in life is for his children to finish their college education. He works hard to respond quickly to his children's needs. In this regard, Reynaldo is asking for a loan of 30,000 PHP to buy feed and vaccines for his hogs. He is doing his best for the continued growth of the 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.