Josephine is married and is a responsible mother of three children. She is 43 years of age and she manages a hog fattening business. Currently, she is asking for a loan of P8,000 in order to buy additional feed, vitamins and medicines for her pigs. This will be great help to make her pigs healthier and fatter. She hopes to expand her business and make a good profit to save for the future of her three children.
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.