Joel is a hog raiser and also grows corn in their village. He has run his hog-raising business for 10 years, and has 12 years of experience in his corn-farming business. Joel is happily married and blessed with five children; three of them are already studying.
Joel aspires to become a successful entrepreneur someday. This is the reason why he is doing his very best to attain his goal. To fulfill this, he would like to borrow a loan of 25,000 PHP (Philippines pesos) that he will use to purchase the necessary supply of feeds and vitamins for his hogs. He knows that by providing his hogs with proper care and nutrition, he could further sell his hogs at a greater price. He hopes that the lenders will grant his loan request for him to get ahead of life and be able to send his children to school.
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.