Feliza owns and manages her hog raising and furniture businesses. For six years of raising hogs, Feliza has been able to sustain her family needs. Feliza is grateful that her business is growing and that they are able to have their furniture business as well.
Feliza would like to concentrate on her hog raising business because she has been raising three fattening hogs. According to her, livestock is quite difficult to manage now because of abrupt increases in the price of feeds. In this regard, Feliza is facing a shortage of capital. She is asking for financial assistance in the amount of P15,000. She will utilize this loan to purchase feeds. She knows that she can be a successful entrepreneur someday through continuous support by the lenders.
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.