“Time is gold” is a quotation that Vicenta applies in her life. She is 46 years old and married to Fernando, who is a farmer. Together, they have three children. Farming is the main source of income for their family. In order to provide for the growing needs of their family, Vicenta and her husband decided to start a hog raising business.
Vicenta would like to request a loan amounting to PHP 22,000. She will use the loan for the maintenance of her hogs and to buy enough feed for their growth. She is also planning to purchase new piglets for additional income. She is very patient in raising the hogs because she knows that raising them is a big help in meeting her family's needs in a sustainable manner. Vicenta believes that by using her time wisely in her business, she will become successful.
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.