Gerry is 40 years old, married, and has three children who are currently studying. He works as a farmer and he aims to increase his production, as well as his income, to further provide the growing needs of his family and to support the education of his children.
Due to the high cost of commodities and school fees, Gerry also engages in the hog-raising business to generate additional income. He wants to raise more hogs to sell, but he has inadequate capital.
For this reason, Gerry is asking for an additional of PHP 25,000 to buy feed, vitamins, and additional piglets to raise. Through his patience and strong determination, he believes that he will improve the business. He hopes that Kiva lenders, through ASKI, will grant his loan request.
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.