Nena is a hard working mother who engages in hog-raising to help her husband in financing the education of their seven children. As a responsible parent, they aim to educate their children and give them a better life. Due to the high cost of school fees, Nena aimed to strengthen the business and generate sufficient income. Due to financial insufficiency, she is asking for additional capital of P 30,000 to buy feed, vitamins and additional piglets to raise. She is hoping that her loan will be a great help for her to improve the business and hoping that someday, she will make it more viable and 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.