Geraldine is hardworking woman who raises six hogs to be fattened and five piglets. She wake up early in the morning to feed and clean their pigpen. After which, she prepares their breakfast and takes care of the needs of her four children. She is really glad because she is able to make all those things.
Geraldine is both a father and a mother to her children because her husband is an Overseas Filipino Worker (OFW). She is thankful because she has the ability to help her husband in generating income to cover all their household expenses and the school fees of her three children.
Aside from the livestock business, Geraldine is also engaged in a farming business wherein she grows banana and corn crops. So, the profits gained from her livestock is no longer enough, due to her expenses in her corn and banana farming. For this reason, she is asking for additional working capital to the amount of PHP 10,000. This loan amount will allow her to buy hog feed and vaccines to ensure proper nutrition of her raised hogs. She hopes that this loan will provide her an increased income which will serve her family.
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.