Violeta is married with 10 children. She is 60 years old and lives in the province of Isabela. For the past 10 years, she has been raising pigs to earn a living. She has requested a loan of 10,000 Philippines pesos (PHP) to purchase more pigs. Viloeta is well-known in her community as a responsible and very patient mother. In the future, she hopes to increase her earnings from pig raising so that her total net income is 50,000 PHP.
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.