Hog raising is the chosen business of Nida as her way of helping her husband in generating income for their family. She is 51 years old and has six grown-up children. She and her husband aim to uplift their status of living in order to satisfy all their necessities and give their children a better life. She plans to improve her hog-raising business by asking for additional capital of PHP 10,000 to buy feed, vitamins and vaccines for the maintenance of her hogs. She is hoping that her loan will help her to make her business a profitable one.
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.