Marissa, aged 40, has been raising hogs for over 10 years. Her income from raising hogs supports her family. She is thankful for her business because it has been a great help in promoting her family's poor standard of living.
She plans to increase the sales of her hogs, so to satisfy the buyers, she needs to provide good nourishment to her hogs.
To provide it, she is requesting additional working capital of PHP 15,000 to buy feed, medicine, and vitamins. This loan will be a great help to make her hogs healthier and also to develop further her source of income.
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.