Dominador is 55 years old and married with three children. His youngest child still attends school and the others have settled into marriage. Dominador runs a backyard hog-raising business and breeds and fattens hogs to sell to butchers in his village. He earns about 4,000 PHP each month.
Dominador is requesting a 10,000 PHP loan to buy feed, medicine, and vaccines. Though his business is small, he hopes to improve it for additional profits to someday achieve a fortunate 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.