Nora has been engaged in a hog-raising business to supplement her husband's income. She is 37 years old and has two schooling children. Despite the hardship of living, she and her husband aspire to improve their status of living and to educate their children. In this regard, she aims to acquire more pigs to raise. Due to capital insufficiency, she would like to get a loan of PHP 45,000 to buy hog feed, vitamins and additional pigs to raise. Being a patient and hardworking mother, she believes that someday she will further improve the business.
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.