Regina, age 51, raises hogs to earn a living. She has been engaged in this business since 2004 and earns approximately PhP 8,000 every four months. She says that the most tiresome part of her work is cleaning the piggery every day.
She lives with her husband Roberto and their children. Regina dreams of lifting her family from poverty, and this is why she works so hard through her business.
She wants to provide her pigs with the necessities they require. Therefore, she has requested a loan in the amount of PhP 10,000, which she will use to buy feed, vaccines, and vitamins for her pigs. She is confident that this will make them fit and nourished, bringing her higher sale prices for them at the point of sale.
Regina hopes to grow her business in order to improve her family's standard of living.
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.