Virginia is 33 years old, married, and has six children. She provides sustenance to her family through income derived from selling the hogs she raises. She has been managing her hog-raising business for over five years now. She hopes to make it profitable and she need additional capital of PHP 12,000 to buy necessary feed and medicines for her hogs. Virgina hopes to keep raising healthy hogs and sell them profitably. This will help her achieve financial stability for her family.
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.