Maribel is already 31 years old, and she is married to Allan B., who works as a farmer on their own land. They now have two children: Alainebless, three years old, and Alaiza, four months old. They are the couple’s main source of inspiration. Their family lives in Minallo, a village of Naguilian, Isabela.
Maribel has been raising ducks and hogs at the back of their house for two years already. She needs additional working capital to maintain her livestock business. She hopes to avail of a loan of 9,000 PHP from lenders. This amount will be of great help in purchasing feed for her livestock. She hopes that lenders will entrust her with the loan she is trying to obtain. This will make her business more productive.
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.