Erlinda is 29 years old, married and has two young children. Her spouse is a technician at an Emission Center while she is raising and selling hogs for income. She would like to keep nourishing her piglets; that is why she is now asking for a loan of P15,000 to buy feed and vaccines for piglets. This will help improve their nutrition and someday she will get better profits when she sells healthy hogs. She will save her revenue for emergency purposes.
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.