Rosie is 39 years old, married and has three children. She is raising hogs to sell for profit. From the sale of each hog, she is able to gain P2,000. She would like to improve her income and that is why she ensures the healthy nutrition to her hogs. She is now asking for a loan of P12,000 to buy feed, medicines and vaccines which is necessary for good growth and the nutrition of the hogs. She hopes to raise them healthier so she can be profitable.
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.