Catalina is 39 years old, and is married with five children. She lives with her family in the village of Guayabal. To earn a living, Catalina is engaged in a hog-raising business.
Catalina has been in this business for many long years and earns about PHP (Philippine Peso) 2,500 per piglet. At this time, Catalina is asking for a loan in the amount of PHP 20,000 to buy feed and vaccinations for the proper growth of her hogs.
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.