Jennelyn is raises hogs in their village. She has been doing this for three years. She is 28 years old and is married with four children. Jennelyn wants to increase the number of piglets she has to raise, but she has inadequate funds. She is asking a loan in the amount of PHP 10,000 to buy additional piglets to raise and feed for them. She hopes to continue grow her business.
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.