Leonida is 56 years old, married, and has been blessed with four children.
Leonida has been a tailor since 1975. Aside from tailoring, she has also been engaged in a hog raising business for three years. She make and repairs men's, women's and kid's clothing. From the business she manages, she is able to earn about P6,000 a month. According to Leonida, she uses her income to buy feed, pay for school tuition, to pay electric bills, and for the maintenance of their corn farming. She would like her child to finish the college level. For this reason she is doing her best by maintaining and improving the quality of clothing she sews.
Leonida decided to apply for a loan amounting to P15,000 in order to buy garments and accessories of dress for her tailoring business, and three piglets for her hog raising business. She is aiming to gain more profits in order to sustain the financial needs and daily needs in their 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.