Merlita has raised hogs and had a motorcycle transport business for the past three years. She is able to earn per month about 3,000 PHP raising hogs and 2,000 PHP through her motorcycle transport.
Merlita is requesting a loan of 10,000 PHP to buy feed for her hogs and a new sprocket for her motorcycle. In the future she hopes to increase her profits by improving her businesses so that she will be able 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.
ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.
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Success!! The loan was 100% repaid