Rosemarie is a hog grower from Solana. She is married to a driver and has two children. Her business of raising and selling hogs allows her to earn about PHP 3,000 each month. She uses it for meals and allowances (a required school fee) for her children.
Now, Rosemarie aims to ensure healthy nutrition to her hogs, which require sustenance. That is why she is asking for a loan of PHP 8,000 to buy feed and medicines, to sustain the hogs. She promises to pay back her loan, and to continue growing her small business for income stability.
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.