Rolando is a 47-year-old father who has three school-aged children. He is raising his family in a rural community. They make their living through farming. Despite the hardships of life, he still has the determination to uplift their living status. Aside from farming, he also engages in a hog-raising business to generate additional income. Due to high cost of commodities and school fees, he plans to raise more pigs to sell. Due to insufficient capital, he is asking for an additional of 15,000 PHP to buy feed, vitamins and additional piglets to raise. He is hoping that his loan request will be granted so that he can make an improvement in 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.