Rosalia is a responsible mother of two children who aims to become successful in the future. She is 43 years old and married to Rolando. She is engaged in a hog-raising business to help her husband to generate income to satisfy their family's needs. She has been in this business for almost seven years and usually earns profits of PHP 8,000 for every two pigs she sells.
Rosalia planned to acquire more pigs to raise but she didn't have enough capital, therefore, she is requesting a loan of PHP 10,000 to buy feed, vitamins and additional piglets to raise. She mentioned that this loan will help her to improve her business and she hopes that she will make her business grow in future.
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.