Cristopher is 38 years old, married and has four children. They live in La Suerte. Cristopher is a responsible father who is busy managing a hog-raising business. He spends his income on his family's daily needs, such as paying his children's tuition fees and paying the electricity bill. Cristopher is requesting a loan of 27,000 PHP to purchase hog feed and vitamins. He hopes to increase his profits so that he can meet the financial needs of the family and save money for the future. He believes that, through his patience in managing his business, he will be able to improve the family's standard of living.
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.