Esmeralda is engaged in hog-raising in the village of Centro 2. She is 30 years old and is married. They are blessed with three children. Esmeralda works hard to support their daily needs and to help her children financially. She wants to develop her business and increase her income. To this end, Esmeralda wants to borrow PHP 40,000 to buy feed and vaccines for her hogs. She is hoping that her loan request will be granted so she can develop her business and purchase more hogs to raise.
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.