Regina is married to a farmer and they live happily in a rural community. Due to the hardships she faces in her daily life, she has got involved in a hog-raising business to generate additional income. She aims to make the business grow in order to have a viable source of income.
Due to insufficient capital, Regina is requesting an additional PHP 7,000 to buy the needed feeds and vitamins for the maintenance of her hogs. She believes that this loan will enable her to make an improvement in the business and she is hoping that she will become successful in the future.
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.