Rosie is 39 years old and is married. She has been blessed with five children. Rosie lives in the village of Cutog Grande with her family. She has been involved in raising hogs for three years. She earns about PHP 7,000 per head. Rosie wants to raise more hogs but she lacks the necessary capital. In this regard, Rosie is requesting a loan amounting to PHP 35,000 to buy feed, vaccine and additional hogs to raise. Despite the hardships of life, she is striving hard to earn and save for education purposes.
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.