Beatriz is a hardworking mother with two children. She runs a hog-raising business, particularly hogs for breeding. Beatriz learned this kind of business from her parents. Since her parents died already, Beatriz kept this business up to this time. She has been running this business for 30 years. After disposal of her hogs, she then immediately bought the daily needs of her family.
Beatriz wants to borrow a loan of PHP 25,000 to buy feed for maintenance of her hogs. She is hoping for approval of her requested loan, so she can operate the business well and be able to secure her family's future.
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.