Elvie is 41 and gifted with three children. She and her husband aim to become financially stable to be able for them to continue sending their children to school. With this in mind, she plans to strengthen her hog-raising business to earn sufficient income.
To address this matter, she is asking for a loan of 20,000 PHP to buy feeds, vaccines and vitamins for her hogs. She is hoping that someday she will further improve the business and make it 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.