Myrna is 46 years old, married and has two children. Her spouse is a construction worker. She is also raising hogs for income. She is now asking for additional capital of PHP 5,000 to invest in her business. She will buy feed and medicines for her hogs' sustenance. It will help maintain good growth and nutrition for her hogs. Someday, with a good income, she will be able to save funds for educational 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.