Due to the difficulties of earning a living, Ronald engages in the business of raising hogs to generate an additional income. He is 35 years old and has three school-going children. Ronald aims to attain financial stability to satisfy his family's needs and to support the educational needs of his children who are attending school. To achieve this, he has asked for additional capital for his hog raising business. He has asked for 28,000 PHP which he will use to purchase hog feed, vitamins, vaccines and additional pigs to raise. Through patience and hard work, he has the strong determination to improve his 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.