Marilyn is 46 years old and married with one child. She has been engaged in a hog-raising business for six years. While she is busy raising piglets, her husband is responsible for their rice fields.
Marilyn would like to raise all of her 20 piglets until they reach their optimum growth but her income is not enough due to the high cost of basic commodities, so she is asking for financial assistance in the amount of P30,000 to buy feed for her growing piglets. She is hoping that she could raise them and offer them at a higher price so that she could save some money to ensure her financial security and provide for her family needs.
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.