Marilyn is from Sta. Rosa. She is 50 years old. Marilyn is married and has three adult children. Marilyn owns and operates a business venture in the agriculture sector raising livestock. While not the only means for generating revenue, the main source of income for the business comes primarily from raising pigs for fattening and sale in the future. Marilyn has been engaged in her business for over 30 years and earns approximately 5,000 PHP a month for these activities.
Marilyn is asking for a loan of PHP 24,000 to buy additional piglets to raise and sell in the future so that she can give her family a good quality of living.
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.