Gloria is 40 years old and married with four children. She lives in a rural village of Barumbong. For the past four years, Gloria has been raising pigs and selling groceries to support her family. She also buys and sells rice in her local area to earn more income. Gloria earns about 250 PHP each day to meet her family’s needs.
Gloria is requesting a 22,000 PHP loan to buy pig feed to nourish her pigs. She will also use a portion of her loan to buy more rice to resell. Gloria hopes her loan will enable her to increase her income and expand her current business to make a better 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.