Genevieve is already 37 years old. She is married and has four children who all attend school. Her husband is a farmer. They live peacefully in the village of Antagan.
She maintains a hog-raising business as another source of income. Every three to four months, she usually sells her fattened pigs, after which, she will again buy four piglets to raise and sell when they are fully grown up. Her earnings from the business went toward paying the tuition fees of her children in school.
Genevieve is doing her best with her husband in farming to get ahead in life and be able to support the education of all their children. To further improve her hog-raising, she wanted to apply for a loan of 12,000 PHP [Philippines pesos] that will be helpful to her in buying sufficient supply of hog feed and medicines needed by her raised pigs.
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.