Benigna is 47 years old, married and has six children, four of whom are attending school. She has a small business raising and selling hogs to butchers. She has been doing this for eight years now. She usually makes 4,000 Philippine pesos (PHP) for each hog sold, and it goes for their meals and allowances for school.
To improve her sales, Benigna is asking for a loan of 8,000 PHP to ensure good nutrition for her hogs. She will buy hog feed and medicines. Someday, she hopes to become a successful hog raiser and further improve their poor living conditions.
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.