Jonalyn is 35 years old, married and has only one child. Due to financial difficulty, she engages in a hog-raising business to supplement her husband's income. She and her husband aimed to improve their status of living in order to satisfy their necessities and save for the future of their child. She planned to raise more pigs to sell but she didn't have enough capital. In this regard, she is asking for an additional PHP 30,000 to buy feed, vitamins and additional piglets to raise. She believes that her loan will be a great help for her to improve the business and is hoping that it will make it profitable in the future.
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.