Mildred is 40 years old. She is married and has three adult children. Mildred has a pig to raise and sell, when it fully grows. She has been doing this type of business for five years. She is patiently doing this business for the welfare of her family.
Mildred is requesting a loan of PHP7,000 to buy feed and vitamins for the pigs. In the future, Mildred hopes that her business can expand to sustain the needs of her family.
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.