Hog raising has been Verna's business involvement for four years. She is 39 years of age and married with two children who currently go to school. Her spouse is a farmer and at the same time a tricycle driver. The couple works hard in order to earn a living.
Verna would like to buy a stock of hog feed so she could economize on her fare expenses in going to and from the market. For this reason, she is asking for a loan of PHP 15,000. She knows that this loan amount would help her most especially in raising her hogs well. She is hoping that her requested loan amount will be approved so she could provide her family with basic commodities and improve her financial 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.