Jennifer is a graduate of Political Science. At the age of 21, she ran as a councilor within her municipality and she is grateful because she won. Jennifer is now 26 years of age and in her second term as a councilor.
Jennifer is a hog-raiser within her village and she started this kind of business last year. Now, she plans to purchase two additional piglets, six pieces of cull chicken and their hog feed for the daily maintenance of her hog-raising business. To make her dreams come true, Jennifer is requesting a loan of 40,000 PHP. She hopes to obtain a loan of this amount so she can earn a better income, which will serve her family's needs, her savings and the start-up of her chicken-raising business.
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.