Hog raising is the primary source of income of Mrs. Virginia. She has been in her business for 4 years and earns about 2,500 Philippines pesos (PHP) per piglet. Virginia is 39 years old now, and she is married to Roger, a father who is engaged in an agricultural business. The couple is thankful, because they have been blessed with three children.
Right now, Virginia has only one pig. She wanted to have more hogs to raise, that is why she is asking a loan in the amount of 14,000 PHP to buy additional pigs, feeds, vaccines, and vitamins for her pig. She hopes this will make them fit and nourish to provide higher sales at disposing time, and she hopes to grow her business to secure her family living.
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.