As a mother and breadwinner, Janeth works hard to improve her family's standard of living. To earn a living, she is engaged in a hog-raising business. The main source of income for the business comes from raising hogs for sale. She has been in this business for five years. She earns about PHP 7,000 per hog after fattening them. As of now, Janeth is requesting a loan of PHP 20,000 to purchase feed and vitamins to sustain her hogs. She hopes that she can get the amount she requested in order to further develop her business.
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.