Marilyn is 50 years old and is married to Felomino, a farmer in the village. Marilyn is engaged in a hog-raising business. She has had this business for four years and earns about PHP 5,000 per hog every disposing season. Her ambition in life is to improve the status of living for her family. Now, she is requesting a loan of PHP 5,000 to buy feed and vitamins for her hogs in order to increase her sales at disposing time. Hopefully, it will provide her a great help.
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.