Dominic is a businessman who lives in Annayatan with his wife and 3-year-old child. To earn a living, Dominic raises hogs to fatten and sell. He is also a rice retailer and he provides motorcycle transport services to the people in his village.
Dominic would like to earn a good income from his businesses to meet his family's daily needs. He is requesting a loan of PHP 25,000 to buy gasoline and crude oil to use for his motorcycle transport business. He also uses his motorcycle to transport his merchandise to the nearby villages.
In the future, Dominic hopes to became a successful entrepreneur and provide a better way of life for his family.
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.