Concepcion, 37 years of age, is married and blessed with 2 children. She's engaged in the livestock business, particularly hog-raising. She's been in this business for almost 5 years. Her net income every three months is 8,000 PHP.
She's asking for a loan of 15,000 PHP to purchase additional feed for her hogs. Her loans in the past have been extremely helpful in providing for the needs of her family, and she hopes that loans will continue to be given to her by Kiva lenders to improve her business more.
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.