Despite problems and difficulties in life, Fe is determined to make an improvement in their status of living through patience and hard work. She is 33 years of age, married, and has four school-age children. She is engages in a hog-raising business to supplement her husband's income. She has been in this business for almost 4 years and usually earns a profit of PHP 8,000 when she sells two head of pigs. She plans to improve her pigpen and raise more pigs so that she will have more pigs to sell.
To work out her plan, she is requesting additional capital of PHP 25,000 to buy feeds, vitamins and vaccines needed in hog-raising. She believes that through this loan, she will be able to make an improvement in her business. Fe is hoping that someday she will become successful in her 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.