Melton is 30 years old and single. He lives in a rural community with his beloved parents. Due to the hardships of life, he was not able to pursue his college education studies, for they could not afford to finance his schooling. Despite this, he has the ambition to become successful and financially stable in the future.
To achieve his goals, he engaged himself in the hog-raising business to generate income. He planned to raise more pigs, but he has insufficient capital. For this reason, he is asking for a loan of 15,000 PHP (Philippines pesos) to buy the needed feeds, vitamins, vaccines and additional piglets to raise. Through his patience and strong determination, he believes that he will be able to improve the business and is hoping that someday, he will achieve his goals.
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.