Adora is 41 years of age. She lives in the village of Villa Concepcion. Adora is a responsible mother, who is engaged in buying and selling vegetables in the village. She is thankful because aside from her business, Adora raises hogs in order to earn an income and to lift her family out of poverty. She usually raises hogs to fatten and breed. She has been doing her businesses for more than two years.
Adora wants to improve her businesses and is in need of additional capital so she is now asking for a loan of P20,000 to buy vegetables such as squash, string beans and eggplant and additional piglets to raise. In the future, she would like to strengthen her small businesses and continuously acquire profits from them.
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.