With the desire to experience a good quality of life, Marites is engaged in a hog-fattening business as a source of income. She has been in this business for five years and is longing for a better income through this business.
Now, Marites is asking for a loan of PHP 7,000 to buy feed, vitamins and medicine to nourish her pigs and make them healthy. Hopefully, she can dispose the pigs at a profitable price soon.
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.