Josephine is 46 and married with two adult age children. Josephine shares her experiences from abroad. She has six years' experience abroad working as a domestic helper. Whenever her relatives called her for remittance, she gave without hesitation. When she came home. she noticed that she had not enough earnings to start her plan. She planned a business that needed little capital but seemed to generate enough income.
Josephine came to a decision that she would engage herself in the meat processing business. Two years later, she still manages the business. She is enjoying making embutido and longganisa, which are made from pork meat. After making the products, she makes the rounds in their village and sells it.
Josephine wants to expand the products she sells, and she is asking for a loan of PHP 30,000 to buy meat and spices for meat processing. She hopes to improve the business and earn a higher income.
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.