Alexander is 50 years of age, married, and has two siblings. He is aiming for a successful life in order to give his family a better life. He has been a farmer for almost 33 years, planting rice and vegetables to sell. Due to the high cost of commodities and school fees, he also engages in a hog-raising business to generate additional income. He planned to raise more pigs to sell but he doesn't have enough capital. Therefore, he is asking for an additional PHP 36,000 to buy more piglets, feed and vitamins needed in hog raising. Despite problems and difficulties in life, he has the determination to improve the business and make it a viable source of income. He is hoping that someday he will become financially stable and successful in life.
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.