Joey is a farmer who is raising his family in a peaceful village. He aims to upgrade their status of living to give his family a better life. Aside from farming, he is also engaged in the hog-raising business to have an additional source of income. Despite hardships, he would like to improve his farming business to generate sufficient income. Due to financial insufficiency, he is asking for a loan of PHP 15,000 to buy feed, vitamins and vaccines for his hogs. Being a hard working father, he believes that someday, he will improve his business and their status of living.
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.