Florfina is 48 years old, married, and has three children. Her husband is a farmer, and she runs a hog-raising business in the village. Through their farming and livestock businesses, Florfina and her husband are able to send their children to school. She is proud to share that her oldest child already holds a degree and is looking for employment.
Florfina wishes to have good health so that she can continue managing her business. Presently, Florfina is facing financial shortages because she prioritizes her children's needs in school. Therefore, she is asking for a loan of 35,000 PHP to buy feed for the maintenance of her hogs. This will improve her business, allowing her to better provide for the needs of her children.
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.