Leticia is from the village of Sto. Domingo, Alicia, Isabela. She is 45 years old. She is married and has two children. To make a living, Leticia raises livestock, primarily pigs, for fattening and sale. She has been engaged in this business for over two years and earns approximately 3,000 Philippines pesos (PHP) per month.
She joined ASKI to gain access to financial services so that she could improve her living situation. Leticia is requesting a loan of 17,000 PHP that she will use to purchase baby livestock to raise and sell. She plans to use the additional revenue generated from the business to financially support the immediate members of her family.
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.