Hog-raising is the primary source of income of Hilaria's family. She is 49 years old and is married with six children. Hilaria is willing to do everything to lift her family from poor living. Right now, Hilaria is asking for a loan amounting to PHP 25,000 to buy hog-feed and vaccines for the proper growth of her hogs. She believes that through her loan, she can improve her business as well as her income.
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.