Vilma is a 48-year-old woman with three school-aged children from the village of Santa Isabel in the province of Isabela. She has been engaged in a hog-raising business for 32 years.
She is requesting a loan of PHP 20,000 to buy feed for her hogs, and piglets, so she can get additional income to provide for the needs of her family.
In the future, Vilma hopes that she can expand her business and renovate their house.
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.