Being a responsible mother, Avelina is engage in a hog-raising business to supplement her husband's income. She is now 60 years old and has six grown-up children. She aims to improve their status of living to give her children a better life. Despite hardships and difficulties in life, she has the determination to achieve her goals in the future.
They have been farmers for more than 30 years and usually earn a profit of PHP 20,000 in every harvest season. They usually spend this income on their daily consumption and allowances for her grandchildren. She aims to improve her hog-raising business to earn sufficient income for her family. She is asking for an additional capital of PHP 30,000 to buy feeds, vitamins and additional piglets to raise. She believes that this loan will help her to improve the business and hopes that she will become successful in the future.
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.