Susana is 49-years-old, a widow and has three children. She raises hogs and sells them upon achieving the desired weight. She patiently raises hogs for income. Susana is now asking for a loan of PHP 12,000 to buy feed, rice bran and medicines for her hogs. This will help improve the growth and nutrition to her hogs. Susana wants to further develop her business, as well as her income, and save funds for her family's future expenses.
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.