Erlinda lives in Malalinta, San Manuel, Isabela. She is 41 years old and married to Jimmy, 44 years old and working as an electrician in their village while she maintains her hog raising business. They were blessed with two children: Jerry -- 18 years old, a second-year college student and Estrella – 14 years old, a junior-high school student. As a mother, Erlinda always sees to it that she meets the needs of her family, especially when it comes to the education of her children.
Her dream is for her children to finish their studies and be employed with good jobs and not to experience hardships in life. Her hog-raising business was Erlinda’s way of helping her husband in supporting their children’s needs in school. But still, their income is not enough. So she would like to ask for financial assistance amounting to PHP 6,0000.00. She plans to use the loan to buy bags of feed at the wholesale price in their public market, where the price is lower compared to the price from their local dealer.
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.