Due to lack of job opportunities, Cristy decided to engage in a hog-raising business while she takes care of her two kids. Her husband is a farmer who cultivates their farmland by planting rice and some vegetables to sell. They aim to earn and save more income to build their own house and provide for the schooling of their children. She plans to raise more piglets for sale but she doesn't have enough capital. Therefore, she is asking for an additional loan of PHP 17,000.00 to buy feeds, vitamins and additional piglets to raise. She mentioned that, through this loan, she can be able to make an improvement in the business and hopes that someday she will become financially stable.
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.