Relina is 56 years old and is happily married to Roel. The couple is very thankful because they have been blessed with four children. Relina works hard at her hog-raising business, to support her family and meet their daily needs. Relina wants to increase her number of hogs, but lacks the necessary capital needed to do so. In this regard, Relina is asking for a loan in the amount of PHP 14,000 to purchase additional hogs to raise and feed for them. Relina hopes that she can obtain her desired loan to improve her business as well as their 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.