Maria, 53 years old, is from the village of Ugad in the province of Isabela. She is a woman with determination who always makes sure that she can provide for the daily basic needs of her family. She has managed a hog-raising business for eight years. She wants her business to grow, so she would like to borrow a loan of 10,000 PHP (Philippines pesos) from Kiva lenders through ASKI. This will be used for having enough supply of feeds and additional piglets to raise. Maria is hoping that she can expand her business so her family can have a better way of living.
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.