Rosalia is 59 years old, married and the mother of five children.
Rosalia is a vegetable vendor for her neighboring clients. Due to her good quality work, she receives regular orders every month.
Her husband sells animals. He purchases pigs and then sells for a profit.
Rosalia has applied for a loan from KIVA partner ASKI for her husband, who will buy piglets and feed and raise them to sell later and earn a profit.
He has been operating his business for many years and Rosalia is very confident that a loan investment will help him earn more profits from his business.
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.