Anita dreams of having a comfortable lifestyle someday. She is 59 years old, married and blessed with three children. Anita does hog-fattening and usually earns PHP 5,000 every time she sells them, which she uses for daily consumption and allowances.
Now Anita’s hog-fattening business needs additional capital to buy feeds and vitamins. She knows that with the amount of loan she requested, she could ensure they get proper nutrition and reach their optimum growth. For this matter, Anita is requesting a loan of PHP 5,000. She believes that this amount of loan will do much to improve her financial stability and way of living.
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.