Arlene is 41 years old, is married and has four children. She is presently sending her children to school and supporting their education. Arlene’s husband is working abroad as a driver in Saudi Arabia to generate income for their family.
With her determination to help her husband to meet their children's needs, Arlene has engaged herself in the livestock business. She raises pigs and sells each pig after four months of taking care of it. Arlene wants to maintain the business while their children are going to school. She is asking for a loan of PHP 50,000 to buy feed for the maintenance of her pigs. She hopes to see her children become professionals someday through her earnings from the business.
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.