Lualhati is engaged in the business of swine-raising and farming. She has been operating her swine business for more than 16 years, and spent 18 years on farming her rice field. According to her, farming was her family's main source of income before. But due to her determination and the wise management of her farm land, she has been able to improve her family's living conditions and increase her profits by raising hogs too.
Lualhati would like to ask for an additional capital of 5,000 PHP, allowing her to buy stocks of hog feed and vitamins to ensure proper nutrition of her hogs. This would help her to trade her hogs for more money. In this way, she could enable her only child to finish her studies and save some money for emergency purposes for herself and her husband.
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.