Due to financial hardship, Erlinda aims to improve her hog-raising business to generate sufficient income. She is 52 years old and blessed with five children. She and her husband are aspiring to improve their standard of living in order to support the education of her children.
Having inadequate capital, she is asking for a loan of PHP 34,000 to buy hog feed, vitamins, vaccines and additional pigs to raise. Being a patient and industrious mother, she believes that she will improve her business and make it more profitable in the 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.