Teresita is a hog raiser and breeder of tilapia fingerlings. She started breeding tilapia fingerlings 20 years and has been engaged in hog raising for the past five years. Teresita failed to finish her studies due to lack of finances. But she never stopped having hopes and dreams in life; instead, her hardship has pushed her to strive hard for a brighter future. She is grateful that her sacrifices have helped her find a better way of living.
She is now raising one sow and four hogs. She would like to raise her hogs and fingerlings with complete nutrition. However, the capital allotted to her livestock business is no longer enough, which is why she is requesting a loan in the amount of PHP18,000. She will use her loan funds to buy aqua feeds for her fish and hog feed for her hogs.
She hopes that the loan amount she requested will be granted to help secure her family's future, most especially for the sake of her disabled child.
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.