In addition to the household chores, Winnie engages in a hog-raising business to supplement her husband’s income. She is now 36 years and has two school-aged children. Due to financial difficulty, she aims to strengthen her business to help her husband finance their children’s education.
She plans to raise more pigs to sell but, due to insufficient capital, she is requesting a loan of 20,000 PHP to buy feed, vitamins and additional piglets to raise. She believes that this loan will help her execute her plan to strengthen her business and hopes that she will become successful in the 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.