Elizabeth is 42 years of age and married and she is blessed with three children. She has managed a hog raising business for almost ten years. With this business she's earning a net income of PHP 4,000 when she sell four hogs. Due to lack of capital she decided to get a loan amounting to PHP 15,000 to purchase hog feed. She's hoping that her requested loan will be granted so that she can expand her business and then her business will become more profitable.
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.