As a hardworking mother, Nena aimed to strengthen her hog-raising business to earn sufficient income for her family. She is now 44 years old and has seven children. Nena and her husband plan to continue sending their children to school so that they will earn degrees and become professionals someday. In this regard, Nena is asking for additional capital of PHP 30,000.00 to buy feeds, vitamins, and piglets to raise. She says that this loan will enable her to improve the business and she hopes that she will be successful someday as she continues to work hard and strive harder.
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.