Violeta is 47 years old, married, and has two children. Her spouse is a welder. They both work hard to meet their daily needs and obtain greater income. Violeta would like to be sure of good nutrition for her hogs, which is the reason she's applying for additional capital of PHP 5,000, which will allow her to buy hog feed and essential vitamins for her business of raising hogs. She really hopes to get a loan in this amount, so she can make progress with her business, some day. In addition, she could have a better standard of living and educate her two children.
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.