Alma is 52 years old and married to Vivencio, who works in the agricultural business. The couple are thankful for their three children.
Alma is in the hog raising business. She has been in this business for five years, and earns around PHP 2,500 per piglet sold.
At this time Alma only has one hog. She wanted to have more hogs to raise, so she is asking a loan of PHP 13,000. This will be used to purchase additional hogs, feed, vaccines, and vitamins for their proper growth; she is hoping that the hogs can sell for a good price.
Alma prays that her business will prosper to secure the welfare of 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.