Mely is 62 years old and is married to Ignacio. At her age, Mely still works in livestock, raising pigs to earn income. From this business, she is able to earn about PHP 8,000 per head after fattening them. She is grateful that her income allows her to help sustain the daily needs of her family. She dreams of lifting her family from poverty, which is why she works hard at her hog raising business.
Mely also wants to provide the necessities for her pigs. So, she is requesting a loan of PHP 45,000 to buy feed, vaccine, and vitamins for her pigs. She hopes this will make them fit and nourished to earn higher profits at selling time. Mely also hopes to grow her business to secure her family's living conditions.
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.