Gavino is a hard-working father who is engaged in the hog raising business. He dreams to uplift his family's status of living to further provide the growing needs of his family. They live in a rural community where planting and harvesting rice and vegetables are the main source of income.
Gavino wanted to maintain his business, and this made him request to borrow additional capital from Kiva lenders through ASKI; an amount of PHP 16,000. This will be used to buy feed, vitamins and additional piglets to raise. He is hoping that someday, he will make more improvements to his business and make it more profitable.
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.