To earn a living, she operates a pig business. She has been in this business for over three years, and typically earns approximately 8,000 PHP each sales season.
She wants to increase her business income but her lack of capital hinders her ability to do so. Thus she is asking for a loan in the amount of 9,000 PHP for additional working capital. With the loan proceeds, she plans on buying four sacks of feed and vitamins. And as a result, she believes she can generate more net sales that can be used to pay for her daily living expenses.
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.
ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.
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Success!! The loan was 100% repaid