Cheryl is a diligent mother of three children who is engaged in the livestock business. Cheryl is in her 30s and married. Cheryl's husband works abroad as a planning engineer. Cheryl wants to help her husband in just a simple way. She thought that by doing this, she would simply help her husband provide their needs.
At present, she is taking care of heads of hogs in their village. She doesn’t want to rely only on her husband's remittances, which is why she is asking for a loan of PHP 40,000 to buy feed for her hogs. Cheryl's dream is to have a stall in the market to extend the business and increase her income.
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.