Betty is 51 years old, married, and has five grown-up children. They live happily in a rural community where they are able to grow plants and raise livestock for sale. She and her husband aim to improve their status of living so that they can educate their children and give them bright futures. They help each other in cultivating their farm to generate income. Due to the high cost of commodities and school fees, Betty decided to raise more pigs for sale. Due to inadequate capital, Betty is asking for an additional P35,000 to buy feed, vitamins, vaccines, and piglets to raise. She believes that this financial assistance will allow her to make an improvement in her business. She is hoping that someday, she will become financially stable by continuing 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.