Naty is 52 years old and blessed with eight children. Despite being a widow, she has the determination to uplift the living status of her family. Aside from farming, she also engages in raising hogs to have an additional source of income. She aims to improve this business and make it profitable but she has inadequate capital.
For this reason, she would like to access a loan in the amount of PHP 27,000 to buy feed, vitamins and additional pigs to raise. Through this financial assistance, she believes that she will be able to improve the business and make it more 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.