Teresa is from the village of Santa Filomena. She has been engaged in farming for the past three years. With her honesty and hard work, she hopes to continue growing her business.
Teresa is looking for a loan to purchase feed and vitamins for her pigs. She prefers microfinance institutions because of their products and customer-friendly attitude.
This loan will increase her total investment in the business by 25 percent, and she expects her income to increase by 20 percent.
Teresa enjoys the nature of Santa Filomena and lives close to her relatives.
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.