Victorino manages a 4,000 square meter fish pond, a one hectare rice field, and he also manages a hog-raising business. He is grateful because through his perseverance and determination, he was able to keep his agriculture business well. He is happily married and blessed with three children. To maintain the hogs and ensure they have proper care and nutrition, Victorino is asking for a loan of PHP 50,000. This will serve as additional capital in his hog-raising business, enabling him to buy the necessary requirements for the business like hog feed, vaccines, and vitamins. Victorino is doing his best to have healthier livestock for fattening and to deal the hogs to buyers at a reasonable price.
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.