Elizabeth is 38 years old, married and has three children. She raises pigs at home for resale at the markets. She has had three years experience with this type of business. She is taking out a loan to purchase two more hogs to raise, vitamins and feeds. Her loan amount, PHP20,000, would be a great help in maintaining her business as well as in improving the family's lifestyle.
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.