Marcelina is a mother who is aiming for a happy and successful life. She is 39 years old, married and has three school-age children. They are currently residing in a rural community and they make a living through farming. Due to the high cost of communities and school fees, Marcelina engages in raising pigs to supplement her husband's income. She plans to improve the business to increase her profits. Since she has insufficient capital, she is requesting an additional 17,000 PHP to buy feeds, vitamins and vaccines needed in hog-raising. She believes that the loan will enable her to improve the business and continue to work hard and strive harder.
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.