Norma is 55 years of age and is widowed. She has seven children. Norma rears pigs in the Philippines and has been doing this for almost five years. She earns PHP 4,000 per piglet. She is asking for a loan of PHP 17,000 to purchase additional piglets to raise and to buy feed for them.
In the future, Norma hopes to improve this business so she can increase her income to support her children's needs. She is thankful that Kiva lenders offer financial assistance for her to strengthen her business. She hopes that she will continuously receive advice in her business to make it more viable and profitable.
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.