Rosita is a hardworking mother who was blessed with four children. They are currently residing in a rural community. She was separated from her husband due to family problems and unavoidable circumstances. Despite that, she has a strong determination to give her children a better life. In addition to farming, she also engages in a hog-raising business to generate additional income. She planned to improve the business, but she has inadequate capital. She is asking for an additional PHP 7,000 to buy feed, vitamins and additional pigs to raise. She hopes that her loan will enable her to improve the 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.