Josefina, 55, is married to Julio, a farmer. They lived in the village of Villa Marzo Cordon. The couple is blessed with three children, the eldest of whom is married. The second child has already stopped studying, while the eldest is currently enrolled in high school.
Josefina has been engaged in the hog raising business for almost 20 years and she used to raise three hogs. The family get their income from hog raising and from buying and selling cows. Josefina is thankful that her husband helps her in maintaining their businesses.
Her family's expenses have increased due to expensive basic commodities. Josefina would therefore like to ask for 25,000 PHP of additional capital. She will use this amount to purchase livestock feed and to buy and sell cows. She hopes her loan request will be granted so that she can increase her income to be able to save some amount to use when she becomes weak.
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.