At 41, Ruby has one child who was already able to finish college among her three children. Through her proceeds from her livestock business, she is able to sustain her children's allowances in school.
Ruby’s husband is a farmer. They also manage a rice mill in their village. Ruby shares that she is in financial shortage in financing the feed supply of her raised pigs because she has also her children that needs to sustain their daily allowances in school. That is why she is requesting a loan of PHP 20,000 to buy feed for her hogs. She is hoping that her children will someday will finish their studies.
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.