Allan James is 33 years old and single. He lives in a rural community with his beloved parents. Due to hardship of living, he is engaged in a hog-raising business to generate additional income. He aims to improve the business and make it profitable in order to generate sufficient income to satisfy their needs and support his parents.
Due to inadequate capital, he is asking for an additional capital of PHP 15,000 to buy the needed feeds, vitamins and vaccines for the maintenance of his hogs. Through hard work and strong determination, he believes that he will improve the business, and he hopes that someday, he will become financially stable.
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.