Zenaida C. wants a loan from Kiva lenders. She sells retain goods in her general store, and also sells fish, meat and barbecue. She has been engaged in her business for three years. Zenaida is 34 years old and is married to Alfredo, who is a farmer. They are blessed with two children, Freddie and Beseree. Freddie has graduated with a degree in Business Accountancy. Beseree is currently in school.
Zenaida wishes to succeed in her business. She wanted to borrow Php 10,000 from KIVA lenders to use as additional capital for 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.