Sharon is 28 years old and a mother of two. She is mainly involved in planting and harvesting rice and vegetables for sale. Due to financial difficulty, she also engages in hog-raising to generate additional income. She aims to uplift her lifestyle and educate her children to provide them a bright future.
With this reason, Sharon hopes to improve her hog-raising business to increase her income. Due to inadequate capital, she is requesting a loan of PHP 7,000 to buy feed, vitamins and vaccines required to raise hogs. She believes that this loan will enable her to improve her business and she hopes that she will be successful in working out her plan.
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.