Wilfredo is a hard-working father who aims to give his family a better way of living. He is 51 years old and has two school-aged children. He wants his children to finish their studies and become successful someday.
Wilfredo manages a hog-raising business. Lack of capital made him take a loan of PHP 40,000 from Kiva lenders through ASKI. He will utilize the loan to buy feeds, vitamins and additional piglets to raise. He is hoping that someday he will improve the business and make it profitable with the financial assistance of the lenders.
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.