Madelyn is 40 years old and engaged in hog fattening. Because of experiencing food scarcity with her family, she has been doing this to earn income. She wants to raise more hogs to earn more income. She was grateful to know about Alalay Sa Kaunlaran Inc. who are helping the needy like her. So Madelyn is asking for a loan amount of P 7,000 to buy three pigs to raise. She hopes this will be a stepping stone to fight poverty.
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.