Roderick, 29 years old, is married and blessed with 1 child. He has been managing a piggery business for almost 3 years, and earns a net income of PHP 2,000 per hog. He would like to avail himself of a loan amounting to PHP 10,000 to purchase hog feed and hogs to raise. His income usually goes to the allowances of his children when going to school, therefore he wants to gain more income for his children. He hopes that generous lenders will be able to help him to build a profitable business.
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.