Phoebe is 43 years old, married and has four children. She is engaged in a hog fattening business. She has been in this business for over six months and very much thankful that the business contributed a lot to her family's income. Now, Phoebe wants to access a loan of PHP 5,000 to buy feed, medicine and piglets. She hopes that she can produce more healthy pigs through the amount requested to earn a higher profit.
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.