Juda is 26 years old, married and blessed with two children. She has managed a hog raising business for almost two years. For every hog that she sells she has a net income of 5,000 PHP. She is requesting a loan of 10,000 PHP to purchase hog feed to sustain the needs of her pigs. Her profit goes towards her children's allowances. According to her she wants to gain more income to buy more pigs to raise.
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.