Due to a lack of job opportunities, Hazel raises hogs to generate income. She is 26 years old and has one infant. She aims to improve her business, and make it viable, in order to generate sufficient income. She plans to raise more pigs but she does not have enough capital. She is therefore asking for an additional 5,000 PHP. With this money she will buy feed, vitamins and vaccines which are needed for raising hogs. In the future, she is hoping that the business will grow and become 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.