Marilyn is 42 years old, married to Ruben and has four children. She raises hogs as a source of income, because she did not finish her education due to early marriage, while her husband works as laborer in a farm supply enterprise. They are helping each other to meet the needs of their four children, most importantly their educational needs. Their eldest has chosen to leave school so that his younger siblings can have some education. Now, he is also helping his parents by working as a gasoline boy. Presently, Marilyn is making her business better and she is in need of more capital. She is requesting a loan of PHP 50,000 to buy feed, vitamins and three more hogs. She is hoping that her requested loan will be approved in order to earn a higher income for her children.
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.