Emely and her husband aimed to improve their standard of living, in order to satisfy their needs and educate their four children. They live happily in a rural community, working in agriculture, planting and harvesting vegetables and root crops to sell.
Due to the hardships of living, Emely decided to engage also in hog-raising, to generate additional income. To help start the business, she is asking to borrow additional capital of 18,000 PHP. She will use it to buy feed, vitamins, and additional piglets to raise. She believes that her loan will enable her to improve the business, and she is hoping that she will be successful 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.