Myrna is 41 years old and a mother of four. They live in a rural community and make their living through farming. Together with her husband, they aim to uplift their status of living and continue sending their children to school so that they will become professionals in the future. For this reason, Myrna engaged in a hog-raising business to earn additional income. She wishes to improve the business and make it profitable, but she has limited capital.
Therefore, she is asking for an additional 15,000 PHP to buy additional piglets to raise, feeds, vitamins and vaccines for the maintenance of her hogs. Being a hard working mother, she believes that she will further improve the business someday.
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.