Editha is a widowed mother of four. She is engaged in the livestock business, primarily breeding hogs. Editha wishes for a loan of 8,000 PHP to buy feed and vaccines for the maintenance of her piglets. Editha is getting old but is still striving because she doesn’t want to rely solely on her children. Editha believes that the loan will be a big help for her in maintaining 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.