Ramon jr.

Loan description:

Livestock refers to one or more domesticated animals raised in an agricultural setting to produce commodities such as food, fibre and labour. In the Philippines, most of the people engaged in raising livestock normally focus on growing hogs. These animals are raised to supply meat which serves as the source of protein for every Filipino family. Ramon Oftana Jr. is 52 years old and married with

three children. Ramon lives in the neighbourhood of Kodia, in Madridejos town, Cebu province together with his loving wife, Zenaida who is 52 years old and a dealer of merchandise. Ramon's main business is the fattening and raising of hogs and it is this business that has enabled him to earn a decent income and provide college education for his children. Now his children are working as a seaman, overseas worker and cashier respectively. He is currently responsible for his two grandchildren who are aged 5 and 1. Ramon has managed to provide a small lot where he built a house for the hogs. This place is made from bamboo and he makes sure that the animals can move freely. He always cleans the whole area to keep the hogs away from disease and dirt. He has been doing this business for almost 3 years and plans to add more hogs through the loan he received from the microfinance organisation, First Consolidated Cooperative where he is an active member. Ramon is passionate about his business and wants it to become successful and generate employment in his area especially for those less fortunate than himself like the fisher folks on their island. He will save his earnings to help in the future studies of his grandchildren. Ramon promised to repay the loan over a period of 12 months.