Edna is 46 years old, married, and has two children. Her children are both studying at the college level, the eldest in the fourth year and her youngest in the third year. Her eldest child had to leave school due to financial difficulties, and Edna dreams of being able to send this child back to college.
Edna manages a livestock business in the village, while her husband's source of income is farming. According to her, she gains a profit after four months, when she sells the hogs. Edna wants to buy piglets so that, after selling the hogs, she still has remaining pigs to raise.
Edna is requesting a loan of 24,000 PHP to buy piglets to raise. She hopes to raise healthy piglets, earning income that will make her dreams a reality.
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.