Tomasa is a determined person. She is 53 years old, married, and has three children. She is vending vegetables and at the same time raises hogs to resell for profit. She has been in the hog raising business for over three years now and earns P3,000 per each hog sold. Tomasa is asking for a loan of P20,000 to ensure their growth so she can offer the hogs at a profitable rate. She will buy hog feed and vitamins for sustainability.
With good income from her businesses, she will achieve financial stability and better quality of life.
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.