Elma is engaged in a hog-raising business to generate additional income and help her husband to increase their income. She is 47 years old and has one school-age child. She aims to improve their standard of living and to give their child a better future. Elma and her husband work hard and strive harder to earn income and satisfy their basic necessities.
Due to financial difficulty, she is asking for a loan of P10,000 to buy feed, vitamins, and additional piglets to raise. She mentioned that through this loan, she will improve her hog-raising business and make it a viable of source of income.
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.