Merlyn manages a hog raising business in her community as a way of helping her husband gain income for their family. She is 39 years old, and has three school-age children. She and her husband aim to send their children to school, and for them to finish a college degree and have good paying jobs someday.
To fulfill this, she decided get a loan of P10,000 to buy additional piglets, feed, vitamins, and vaccines for her hogs.
She believes that her loan will enable her to improve the business and hopes that someday she will become financially stable.
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.