At the young age of 29, Diane had already been blessed with two children, ages 10 and 8 years old; she is sending both to primary school. Mark (Diane's spouse) works as a local farmer.
To add to the family's income, Diane raises hogs and sells them to the butcher in their village. She usually earns 1,500 Philippines pesos (P) with each hog. Profits are used for the daily needs of the family and to pay school fees and allowances for the children.
Diane is now requesting a loan of P9,000 to buy feed, medicines and vitamins for the hog to ensure good nutrition.
In the future, she would like to generate more income to continuously educate her children. According to her, education is the only legacy they could pass on to their children.
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.