Alexander is from the village of Calaccab, Angadanan. He is 42 years old and married. To support his family, Alexander is busy managing their hog raising business. He has been in this business for five years. Right now, Alexander is asking for a loan in the amount of PHP 50,000 to buy hog feed and vaccine to sustain the proper growth of his livestock business. He hopes that he can get the amount he requested to further develop his 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.