Harlene is in her thirties and is married. Her goal in life is to make her business profitable. She has managed the hog raising business for two years.
Harlene has six head of pigs for fattening. She feels difficulty in sustaining her hogs’ feed because of a financial shortage. Also, her traveling expenses for buying feed are costly because almost every day she goes into the market to buy feed.
Thus, Harlene is asking for a loan of PHP 50,000 to buy sacks of feed and vaccines for her hogs. She believes that the loan will help her a lot and minimize her fare expense.
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.