Remedios is a hog raiser at Solana. She is married and has been in her business for over five years. She is able to supplement her spouse’s income.
Remedios raises hogs and sells them upon maturity. She only generates minimal income from her business; that is why she hopes to increase her profits. She is now asking for a loan of PHP 5,000 to buy hog feed and vaccines. It will help nourish her hogs so she can sell them at a higher cost.
Someday, Remedios hopes to keep gaining good profits from her business and become a successful entreprenuer.
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.