Lynette is a 37-year-old married woman, with a dependent child. She works as a secretary for her Barangay (the smallest administrative unit in the Philippines). She also manages a shop and a pig-raising business. She usually makes about 5,000 Philippines Pesos (PHP) each month from her businesses.
Lynette is asking for a loan to improve her pig sales and and develop her business. She is planning to use the loan to buy feed and vaccines for her pigs, which they need for growth and good nutrition.
In the future, Lynette wants to keep selling healthy pigs, and to get enough income from it to save for her family's future welfare.
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.