Wilma is engaged in hog raising, while her husband grows rice in their field. Wilma admits that sustaining her hogs' feed is not easy since she is also financing their farm needs and it is very costly. In this business, Wilma is requesting a loan of Php 25,000 to buy some hog feed. The loan will be a big help for her and to her business as a source of income.
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.