Alfredo has been engaged in a hog-raising business for more than ten years. He is 61 years old, married and blessed with four grown children. He is full of hopes in life.
Alfredo's wife owns a retail store and engages in a transportation business. The couple has been working hard to improve his hog raising and the retail store to make them productive and profitable.
To make his goal realistic, he is seeking a loan of PHP 30,000, allowing him to buy hog feed and vitamins. He knows that this additional capital will help to make his hogs healthier upon reaching their optimum growth and enable him to get a greater price. He is hoping for approval of his requested loan amount.
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.