Renelyn is earning an income through her hog-fattening business which she patiently manages so that her hogs are healthy as they grow. To help better ensure this, she is requesting a loan of PHP 20,000 to buy feeds, medicine and vitamins. She hopes that her requested loan will be granted. According to Renelyn, she really values her livelihood, for it helps her finance their daily expenditures.
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.