Zenaida is 39 years old. She is married and has 4 children. Three of her children are still studying, while the other child is already married. Due to expensive supplies needed on the farm, Zenaida hasn't been able to sustain all the needs of her family. She is doing her best to provide for all their needs as well as the needs of her business. She earns about PHP30,000 every crop harvest.
Zenaida grows rice and has been doing this business for 21 years. Because of insufficient capital, she would like to ask for a loan of PHP20,000 to buy fertilizer and pesticides for her farm.
She is hoping that everything will be alright through granting her requested loan. The said amount will be very beneficial in gaining her income and providing for the needs of her children.
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.