Clarita is a 34-year-old mother who engages in raising hogs to help her husband in earning income. They aim to uplift their standard of living in order to educate their four children and give them a better living.
Clarita wants to make her business profitable in order to earn sufficient income. Due to inadequate capital, she would like to access a loan of PHP 20,000 to buy hog feed, vitamins and additional pigs to raise. Despite hardships in life, she believes that she will improve her business through this financial assistance.
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.