Aurea is 50 years old and resides with her family in the village of Cabisera 27, Ilagan. She is married to a Barangay Councillor and they are blessed with five children. The couple helps each other send three of their children to school. Their two elder children already finished their schooling and now have their own source of income. According to Aurea, she wants to give a good future to all her children since she doesn’t want them to be like her and not pursue their schooling.
Aurea ventured into the hog raising business five years ago. She sells grown-up hogs to earn income. She hopes to further expand her business by raising more hogs. She seeks assistance from Kiva lenders, who will help her improve and maintain her piggery. Aurea is asking to borrow a loan of 15,000 Philippines pesos (PHP) as additional capital to buy feed and additional hogs to raise. This will help her in making her business progress.
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.