Lolita, 47, is a hardworking person who is raising children and operating a livestock business. She has chickens, ducks and pigs. Lolita is asking for a loan of PHP 10,000 to buy vitamins and feed for her livestock. Lolita hopes that someday her business expands to meet all the needs of her family and also so she can renovate their house to have good living conditions.
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.