Allen Joy has a business raising hogs. She is a young married woman who has two infant children. Her spouse is a government employee at Baguio City.
Allen Joy would like to apply for a loan of 30,000 PHP, which would allow her to buy livestock feed, vitamins, and vaccines for her hogs. Through this loan, she could ensure the proper growth and good nutrition of her raised hogs. In addition, she could deal her hogs at a higher price. Allen Joy is hoping for continuous financial assistance for her livestock business so she can save some amount for the bright future of her two 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.