Imelda has raised hogs in her village for more than 15 years. Aside from raising hogs, she is also engaged in the farming business growing rice crops on her one hectare of farmland. Imelda would like to ensure proper nutrition for her hogs. Due to the high cost of livestock supplies, she struggles to pay for them. She is asking for a loan of PHP 7,000 to buy necessary hog feed and vitamins. She hopes that her hogs will become healthier so she could receive higher prices for them. Her two children could finish their studies, giving them a brighter future, through her continuous access to financial services and her hard work.
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.