Josie is 42 years of age, married and blessed with four children. Her husband is a former OFW in Korea. When her husband was working abroad, Josie invested her remittances from the hog raising business. She is happy that even her husband is not working abroad; they have their hog raising business that serves them as source of income.
Josie has three children sending in school. When they sell their pigs, Josie prioritizes her children expenditures in school and in their household. Now, Josie is requesting a loan of 50,000 PHP to buy feed for her hogs. She hopes to continue operating the business while her children attend school. She believes that this loan will help her support her children's needs in school until they have finished their education.
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.