Rosemarie owns one point five hectares of rice field and also raises hogs. She has been a widow for two years, yet she is still a business-oriented woman. She would like to ensure the proper growth of her sow who's about to give birth so she could gain greater income.
Rosemarie is now requesting additional capital of PHP 20,000 which will allow her to buy necessary hog feed and vitamins for her sow. She hopes to obtain the said loan amount so she could sustain her sow with proper nutrition upon reaching it's maturity period. She is hoping that her livestock business will grow smoothly so she could let her youngest child finish her studies, and also to save for emergency purposes.
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.