Fedelita is married woman and gifted with two children. At her age of 47, Fedelita’s children are between the ages of 20 to 26.
Fedelita has run a hog raising business for three years. With the profits she earned from the business, she successfully sent her children to college and now already they have work.
Fedelita still wants to maintain her business even though her children already finished their education. Fedelita wants to maintain the business to have savings. Fedelita knows that she is getting old. She has to prepare for her future emergencies with her husband.
Fedelita is requesting a loan of P20,000 to purchase feed for the maintenance of pigs.
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.