Marjorie, aged 50, is a hardworking woman who lives with her husband and children in the town of Luna. At her age she is still capable of caring for two pigs. This is profitable work, and it serves as her pastime for the whole day. She farms pigs to save funds for her and her husband to use as they get older. At this moment, Marjorie is asking for support in the form of a loan of 15,000 PHP. She will use the loan to purchase feed, vitamins, and medicines to ensure the proper growth of her pigs.
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.