Felicidad is a diligent mother who engages in a hog-raising business to support her husband in gaining income. She has six children and they live happily in a rural community. Despite hardships, they have the determination to uplift their status of living.
Felicidad aspires to improve the business but she has insufficient capital. For this reason, she would like to avail a loan of PHP 25,000 to buy hog feeds, vitamins and additional piglets to raise. Being a hardworking mother, she believes that someday she will further 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.