Grace is a hog raiser in the village of Villa Beltran. She is 39 years of age and married to a farmer. They have two children, both of her two children go to school.
Grace is raising two sows, which are about to give birth this month. She would like to ensure the proper growth of her sows through sustaining them with the necessary hog feed, vitamins and vaccines. But due to the expensive price of these livestock supplies, she is asking for a loan of PHP 15,000. She hopes that this loan amount will be granted for her to improve her hog raising business, which will serve to educate her two children and improve the well-being of her family.
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.