Ma. Eden, a 61-year-old mother of five children, all married, lives with her husband in the village of Bantug Petines. Engaged in a hog-raising business for 10 years, she earns PHP 4,500 every four to five months.
Ma. Eden is requesting a loan of PHP 35,000 to buy feed, vaccine and an additional hog to raise. She hopes that she can obtain her desired loan to improve her business.
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.