Marivic, 32, is determined to overcome poverty by expanding her pig-raising business so that she can earn more money and continue to pay the cost of keeping her children in school.
She has been in this business for almost sixteen years and spends most of the money she earns on food, clothing and allowances for her children. To improve her business and increase her earnings, Marivic is asking for a loan for PHP 20,000 to buy the feed, medicine and vitamins she needs to continue her 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.