Eleanor is 51 years old and is engaged in a hog fattening business as a primary source of income. She wants to promote their living through her business but she has insufficient capital. She just earns P5,000 each disposing time which she utilizes for their daily necessities, so she hopes to increase her sales.
She is asking for a loan amount of P5,000 to buy vitamins for her current hogs and one new hog as an additional source of sales. She hopes that through her hard work and this loan amount, she can improve their living conditions.
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.