Remily is industrious and a good servant of God. She is happily married to a pastor and has two children. Her elder child is working while her younger child is still studying.
Remily has been engaged in the hog raising business. Since she has a lot of hogs to raise, Remily decided to established a retail stall where she offers hog feed for sale within her locality. Remily has been involved in this field of business for three years. With her determination to increase the stocks of hog feed she offers, Remily seized the opportunity to join the program of this lending institution where she could ask for additional capital for her continuous business growth.
She is requesting a loan of PHP 20,000 which will allow her to buy 20 bags of hog feed. She knows that through buying stocks of hog feed, she could further economize her fare expenses in going to and from the market. In addition, she will save her time and effort.
Remily believes that through this kind of business she could let her younger child finish her studies and be able to have a better way of living someday.
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.