Bernalda is a hog raiser within her own village. She has had this kind of business for seven years. Gained income from her hog raising business goes toward their daily consumption, is invested in her new business of direct selling, and some amount was used to finance her 1 hectare of rice field.
Bernalda is asking for a loan of 18,000 PHP (Philippines pesos), which will be used in ensuring proper nutrition of her hogs. She will use her requested loan in buying livestock supplies such as hog feed,vaccines and vitamins for her hogs. She knows that through sustaining her hogs with proper nutrition, she could make them healthier upon reaching their maturity period. In addition, she could obtain better income enabling her to improve her way of life and make it progressive business.
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.