Due to financial difficulty, Bella is engaged in a hog-raising business to earn additional income. She is 47 years old and has two school-age children. She and her husband are aiming to improve their standard of living in order to satisfy their needs and to support their children's education.
Bella planned to raise more pigs to sell but she did not have enough capital. For this reason, she is asking for a loan of PHP 17,000 to buy feed, vitamins and additional piglets to raise. She believes her loan will be a great help to her in improving the 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.