Carolyn is a hog-raiser in the village of Buena Suerte. She is 26 years old, and is married to Dennis.
Carolyn has engaged in her business for six years. She usually earns about PHP 7,000 per head every time she dispose a hog.
Right now, Carolyn wants to have additional hogs to raise, but she lacks the necessary capital. In this regard, Carolyn is asking a loan in the amount of PHP 50,000 to buy feed, vaccine and additional hogs to raise. She hopes to obtain this loan to attain her goals.
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.