Rosie, 47 years of age, is married to a farmer and they are blessed with two children. She's been engaged in the hog raising business for almost 20 years. In this business she's earning a net income of PHP 2,000 per hog. She's asking for a loan amounting to PHP 10,000 to purchase hog feed to sustain the needs of her hogs. She also wants to improve her pig pens for the better shelter of her hogs. She's hoping that her requested loan will be granted so that her hog raising business will become more profitable.
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.