Teresita is 63 years old, has six grown up children and has a small business of raising hogs to sell in the future. Through her income, she was able to give allowances to her children when they were still studying.
She is still hoping for healthy hogs to gain more income. Teresita is now asking for additional capital of PHP 20,000 to buy feed and vaccines for her hogs' sustenance. She hopes to continue nourishing her hogs.
She is hoping for continuous progress in her hog raising business to achieve a full-grown 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.