Nenita S., 52 years of age, is a widow having two children: Emiliano, 31 years of age, and Mayflor, 28 years of age. Nenita lives in the village of Del Corpuz, Cabatuan, in Isabela province.
Nenita is contented with what she has right now. She want to spend her time in her business, because her two children are already married.
Nenita manages a vegetable-vending business, selling at the public market of Cauayan City. Her weekly net income is Php 300. She wants to obtain a loan of Php 5,000 for her additional requirements in her business.
Nenita continuously gains patience and a strong determination for the success of her business. She said that being diligent is her way to reach her goals in life.
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.