Merry Riza is a primary school teacher who is married to a security guard. She is blessed with a healthy child. Merry Riza stands as both father and mother to her only child, because her husband's work location is in Manila. Despite her temporary situation as a single parent, she is still able to cover their everyday household expenses and maintain their farming business.
Merry Riza operates a livestock business. She has managed this kind of business for more than five years. Aside from this, she also has a rice and corn field. Merry would like to strengthen her livestock and farming business to be able to improve their financial stability and have comfortable living conditions someday. She would like to apply for a loan of 50,000 Philippine pesos (PHP) which will be used to buy hog feed, vitamins and vaccines for her 23 fattening hogs. She hopes to obtain this loan, so she can raise her hogs healthy to maturity. She knows that providing complete livestock supplies will result in better outcome for her raised hogs. Merry Riza is looking forward to the success of her livestock business.
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.