Prescila is 48 years old, with three children. She started to worked since her husband left, and she took over all the responsibility for her three children.
She has been running her hog raising business for three years. She hopes that she will be able to raise all the new born piglets she has. So she requested this loan amounting to P10,000 to purchase three sacks of feed for her hog-raising business. She also plans to change the wood division of her piggery into concrete. She hopes that she can increase her profit so that her plan will be fulfilled.
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.