Cecilia D. is 45 years old from Malalinta, San Manuel, Isabela. Her husband Rogelio Sr. is a farmer in their village. Their marriage was gifted with four children: Grace - 23 years old, high school graduate and working as a domestic helper in Dubai; Glenda - 18 years old, college student; Gretchen - 17 years old, high school student and Rogelio - 15 years old also a high school student. She is thankful that \her eldest daughter assists them with their financial needs.
Rice farming has been their main source of income. But aside from it, she also ventured in the hog raising business as an alternative source of income. She believes that the business could be of great help for them especially in providing the educational needs of her children. Cecilia is requesting a loan of PHP 4, 000.00 to sustain her hog raising for she do not want to depend too much from the remittances of her daughter abroad. She intends to use the loan to buy feeds for the hogs.
Cecilia said that one could earn income on her own as long as she works hard.
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.