Elsie, aged 33, is borrowing PHP 10,000 as additional working capital in her piggery business. It will be use to purchase feeds, vitamins and medicine. This will be a great assistance in providing a better quality of life for her pigs. She has had nine years in this business and feels that she has a healthier living because of it. She is aspiring for more: a better way of living, a good education for her children and a good future. Hopefully, with her unending hard work and strong determination, she can achieve the goals to which she aspires.
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.