Ruby Ann, 23 years old, is married and blessed with one child. She has managed a piggery business for almost one year. She earns an income of Php 8,000 for every hog that she sells. She would like to borrow a loan amounting to Php 25,000 to purchase hog feed for her hogs. She's hoping that her requested loan will be granted so that she can able to utilize her loan to gain more 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.