Hog raising is the main source of income for Rodolfo's family. He is 53 years old, married with six children. At his age, he needs to double his hard work in order to send his three children in school and provide their basic needs.
Rodolfo plans to buy four piglets and livestock feed but the income generated from his business is no longer enough, due to the increase of their daily expenses. With this in mind, he is asking for a loan amounting to P30,000. He hopes to receive this loan amount in order to improve his business which enables him to improve their way of living and support his children's education.
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.