Teresita raises hogs and grows rice in her local community of Pangal Norte Echague. She has been a hog raiser for four years. Teresita is 51 years old, married to a farmer, and blessed with one child.
Teresita aspires to have a stable source of income someday because she's getting old already, but she still has the resources and strength to manage her hog raising and farming business. Teresita makes sure that all of her efforts and strategies are effective in the realization of her goal.
Teresita would like to take out a loan of PHP 7,000, allowing her to buy the necessary hog feed and essential vitamins to her raise hogs. She hopes to get this loan so she can continually improve her hog-raising business and obtain a greater income for her family's needs.
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.