Delia, 59 years old, is married to a farmer and they have four children. She has been in the livestock business in their village for 30 years and is still doing well. She is happy that she can still earn a net income of PHP 2,500 for every hog that she can sell.
She wants to borrow a loan amounting to PHP 15,000 to purchase feed to sustain the needs of her hogs. She is hoping that her requested loan will be granted by the lenders so she can fulfill her plans for her business and her family with the income she will generate.
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.