Emma is 35 years old and is married to Jovert, a farmer who manages their rice field, while Emma is busy managing her hog-raising business. She has been in this business for five years and earns about PHP 2,500 per piglet. Right now, Emma is requesting a loan in the amount of PHP 45,000 to buy feed, vaccines and additional hogs to raise. Emma hopes that she can get the amount she requested to develop her business and she will sustain the proper growth of her hogs.
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.