Emelita has been raising hogs for ten years. She is married to Johnny, and they are blessed with five grown-up children. Three of her children are married and have their own families while another is her helper on their farm and the youngest is currently studying.
Emelita aspires to succeed and lift her family from poverty. She says that the profits gained from the hogs she raises are just enough to cover all of their household expenditures. For this reason, she is applying for a loan of PHP 12,000, which would allow her to buy feed, vitamins, and vaccines for her hogs. She believes that this loan amount would help her a lot because she could ensure proper growth of her hogs.
Emelita would like to strengthen her hog-raising business to save for the education of her youngest child and to improve the family's living conditions.
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.