George is the eldest among his seven siblings. He just finished a two-year automotive mechanic vocational course. After he graduated, George then helped his parents with their farming and livestock business. George is a single, yet business-oriented man. His main goal is to have a stable business so he can help his other siblings finish their studies and have improved living conditions.
George raises hogs and manages a 7,000 square meter fishpond and two hectares of corn farm. It's been nine years since he began to cultivate his farmland and help his parents raise their hogs. George struggles for funds due to the high cost of hog feed and aqua feed. He has therefore requested a loan of PHP 25,000 because he knows that it would really be of great impact in making his businesses more profitable and productive because he could ensure them with proper care.
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.