Margaret Margarita, age 39, raises pigs to earn an income. She has managed her piggery for almost seven years now and earns a net income of PhP 3,000 for each hog she sells. She and her husband are blessed with three children.
Margaret Margarita is requesting a loan in the amount of PhP 10,000. She will use her loan funds to purchase hog feed and more hogs to raise
She is grateful for this loan because it will enable her to gain more income and better support her family.
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.