Agapita is 54 years old, married, and has three children. She is raising hogs to sell, and she earns income of PHP 3,000 each month. She hopes to keep raising healthy hogs to sell, in the future. Her income goes for meals and school fees, for her family. Agapita is now asking for additional capital for maintaining her hogs. She is asking for PHP 5,000 to buy feed and vaccines for hogs.
In the future, raising healthy hogs will lead to her obtaining more revenues, and a profitable business for her family.
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.