Lea is 33 years old and still single. She dreams of becoming successful and financially stable in the future, so that she is able to support her parents and her niece and nephews in their financial needs in school.
Lea engages in the hog-raising business to generate income. She plans to raise more pigs to sell, but she has inadequate capital. Therefore, she is requesting an additional 16,000 PHP to buy feed, vitamins, vaccines, and additional piglets to raise. She mentioned that her loan will enable her to make an improvement in the business.
Lea believes that someday she will increase the number of pigs to sell in the future. She hopes that her business will become more viable and profitable to help her family and cousins who are financially incapable.
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.