Myrna is forty-three years old. She is a hardworking woman who raises hogs for future sale; she established the enterprise to increase her income. She lives with her parents in the village of Nagrumbuan.
Myrna is now requesting a loan of PHP 12,000 to buy feed, vitamins and medicines for her hogs. With proper growth and nutrition, she can sell them for a good price, thereby increasing her income. Myrna aims to have a business well-diversified and establish a stable income for the overall welfare of the family.
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.