Luz is recognized as a responsible mother of her four children. She is happily married to Celso, a father who is busy managing their farmland. To help her husband, Luz is engaged in a hog-raising business. She has been in this business for five years and usually earns about PHP 2,500 per piglet. Right now, Luz is asking for a loan in the amount of PHP 15,000 to buy feed and vaccine to sustain her hogs. She hopes that this will make them fit and nourished to provide higher sales at disposal, and she hopes to grow her business to secure her family living.
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.