To have additional income, Emma is engaged in the hog-raising business within her community. She is 62 years old and has three adult-age children. She aims to make her business profitable in order to satisfy their basic necessities and save some for future emergencies. Due to limited capital, she is requesting a loan of PHP 40,000 to buy hog feed, vitamins and additional pigs to raise. Being a patient and industrious mother, she believes that she will further improve the business someday.
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.