Angelina is a hog raiser and had been in the business for over 10 years now. She is already 59 years old but is still a workaholic. She is married and has three children who have their own families and live separately from her. She raises hogs and sells them for profits. She earns 3,000 PHP for each hog. Angelina is now borrowing 6,000 PHP to buy feed and vaccines for her hogs. This will ensure good nutrition for the hogs so she can sell them at a profitable price.
Someday, she hopes to increase her income and save funds to use in case of emergencies, especially as she and her husband are getting older.
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.