Laila is 38 years old and single. Despite the hardships of her life, she is striving hard to satisfy her necessities.
To earn additional income, Laila is in the hog-raising business. She plans to raise more pigs to sell but, due to insufficient capital, she has not been able to pursue her plan. Therefore, she is requesting additional capital of 25,000 PHP to buy feed, vitamins, and additional piglets to raise. She believes that, through this loan, she will be able to work out her plan and hopes that she will be successful in carrying it out.
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.