Teresita is married and lives with her eight children. She works in her hog-raising business. She has been in this business for many years. Her parents are farmers and she learned the business from them. Specifically, she fattens the pigs and sells them after 3-4 years.
Her loan will be used to buy an additional piglet and feed. Her dream is to send her son to a university and see him graduate with whatever course he decides.
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.