Estelita, 60 years old, is married. Her family’s main income comes from agriculture. Estelita has her own land for planting rice. She has a livestock business where she raises pigs to sell in the future.
Estelita would like to increase the number of livestock and to develop her business further. With the requested loan, she plans to purchase more pigs and feed. Increasing the number of livestock will help Estelita to get more income and to improve her family’s living conditions. Estelita lives together with her husband and three children.
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.