Nora Grace is 45 years old and still single. She has been raising hogs for over five years now. Her income in the business is of great support to her parents. With her hard work, she is able to generate at least PHP 3,500 when she sells one of her raised hogs.
She is asking for a loan of PHP 40,000 to buy a stock of feed and to vaccinate her piglets. Nora Grace wishes to maintain her business and continuously improve it to help her parents improve their living conditions.
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.