Despite hardships, Carlos is determined to become successful in the future. He is 53 years old and has only one child. He has been a farmer for almost 22 years, planting and harvesting rice and vegetables for sale. He also engages in hog-raising to generate additional income. He aims to improve the business and make it a viable source of income in the future.
Carlos plans to raise more pigs to sell in his community, but he does not have enough capital. Therefore, he is asking for a loan of 21,000 PHP to buy feed, vitamins, and piglets to raise. This financial assistance will enable him to improve his business, allowing him to be successful in the future.
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.