Eduard is a hog-raiser. He has been in this kind of business for almost one year. He is 21 years old, and is single.
Eduard wants to have more hogs to raise, but he lacks the necessary capital. To make it possible, Eduard is requesting a loan in the amount of 12,000 PHP to buy feed, vaccines and an additional hog to raise.
He believes that through his loan he will be able to sustain the proper growth of his hogs.
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.