Lucena is 53 years old, and is a hog grower living in a peaceful village. She has been in her business for two years now and is hoping for improvement on her hog disposals. Aside from her hog growing business, she also sells vegetables to generate additional income.
Lucena would like to raise healthy hogs, but has insufficient funds. That is why she is asking for additional capital of PHP 10,000 to buy feed and vaccines for her hogs’ maintenance.
In the future, Lucena hopes to maintain healthy hogs so she could dispose of them at a higher cost.
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.