Visitacion is 61 years old and has five children. She is married to a farmer. Visitacion is raising hogs to sell when they reach maturity. She has been in this business for almost four years and earns PHP 3,000 for each hog she sells.
She is now borrowing a loan of PHP 6,000 to buy hog medicines, vitamins and additional piglets to raise. Someday, she hopes to construct a more convenient pen for her hogs.
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.