Liza is a 41-year old mother of four. Her family lives in a rural village of Bagabag, Nueva Vizcaya. To assist her husband in earning a living and supporting the education of their children, Liza is engaged in a hog-raising business. Usually, she generates PHP 1,500 for every hog that she raises. To further improve her business, Liza wants to request a PHP 18,000 loan, which she hopes will pave way for her business to grow. If the loan is granted, she will use it to buy livestock feed, vitamins, and additional piglets to raise. She is very positive that her loan will be granted.
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.