Lea is from the village of Mabini, Alicia. She is 22 years old and lives with her parents. Lea is still single. She helps her parents to meet their needs, through her hog-raising business. Lea needs additional capital, in order to sustain the maintenance of her hogs. In this regard, she is asking for a loan in the amount of PHP 15,000 to buy feed, vaccines and vitamins for the proper growth of her hogs. She hopes to grow her business.
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.