Nenita is a 40-year-old businesswoman who lives with her husband and two children in the village of Santa Isabel Norte. She has been involved in a hog raising business and it has been her main source of income since she got married.
Nenita would like to improve and grow her hog-raising business and hopefully she will be able to obtain the loan she has requested. She is requesting a loan of PHP 7,000 to be used in purchasing feed for her grown-up pigs and to purchase additional piglets to raise. She also aims to obtain the education she needs to be able to acquire better opportunities in life someday.
Nenita hopes that her husband will always be patient in working on their farm so that they will be able to help each other in attaining their aspirations.
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.