Zenaida is 50 years old. She is engaged in an aluminum and glass supplies business, earning PHP 10,000 monthly. She offers sliding windows and sliding doors. Through this business, she is giving employment to her relatives by giving them work in the business.
In her first year of operation, she encountered difficulties maintaining the business due to the high cost of schooling for her youngest child.
Zenaida is requesting a loan amount of PHP 25,000 to buy supplies such as glass and other metals used in making sliding windows and doors. She hopes that she can expand her venture in manufacturing. This thing might be a bit difficult for her, but with strong determination in life, Zenaida believes that she can do it with the help of God.
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.