Rosana is 49, married, and has two school-age children. She is married to a farmer and they live happily in a village where they are able to plant rice, fruits, and vegetables for sale. Due to financial difficulty, Rosana engages in a hog-raising business to generate additional income.
They planned to continue sending their children to school so that they will earn degrees and find good jobs someday. In this regard, Rosana aims to improve her hog-raising business to generate income and support the education of their children. She is requesting an additional loan of PHP 20,000 to buy feed, vitamins, and vaccines needed in hog-raising.
She believes that this financial assistance will enable her to work out her plans and hopes that she will become successful in the future.
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.