Josephine is a modest person with a strong personality. She lives with her husband and two children in the village of Del Pilar.
Josephine is engaged in a hog-raising business that primarily involves hogs for breeding. It is a business she started 13 years ago. Now, she needs to increase her business, and this is why she is taking out a loan of 30,000 PHP in order to buy feed, vaccines, and additional hogs to raise. This business helps her because it's the only source of income she has to raise 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.