Due to financial constraints, Josie engaged herself in the hog-raising business to help her husband earn additional income. They are currently residing in a rural community where the main source of income comes from planting and harvesting corn and vegetables. They wish to uplift their status of living in order to provide the needs of their family, especially for sending their children to school.
For this reason, Josie is asking for additional capital of PHP 27,000 to buy the needed pig feed, vitamins, vaccines and additional piglets to raise. Having patience and strong determination, she and her husband believe that they will be able to improve their business in the future.
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.