Ernalyn is 33 years of age, married and blessed with two children. She has raised hogs for over 5 years. She dreams of improving the quality of living for her family but because of insufficient profits she was not be able to provide what she aspires too. Ernalyn really wants to have a good income, this led her then to ask for a loan of PHP 16,000 to buy vitamins and feed to nourish the hogs. She knows that this loan will help her business to produce bountiful proceeds as long as she continues with her hard work.
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.