Melanie is married and has two children who currently go to school. She is a hog raiser within her community, and she and her husband work together on their corn field and livestock business. The couple aim to develop their corn farm in order to have a better standard of living and educate their two children.
Melanie is currently raising one sow. She hopes to keep her pig healthy upon reaching maturity. Then she can sell it at a profit and help her two children finish their studies. Melanie struggles with a shortage of capital, so she is requesting a loan of PHP 19,000.The money will be used to buy hog feed as well as for maintenance of her corn field. She is hoping to obtain this loan so she can gain a stable source of income.
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.