Leonida is a small entrepreneur selling eggs to the people in the village where they live. She cooks salted eggs and balut (fertilized duck egg with a nearly-developed embryo inside that is boiled and eaten in the shell). This serves as her alternative source of income. Her spouse works as a construction worker. They have seven children, five of whom attend school.
She is now asking for a loan of PHP 8,000 to buy more eggs to cook and sell. She hopes this loan will be given to her to help improve her sales. She promises to repay her loan on time.
With the family's hard work and perseverance, she hopes to achieve a better quality of life someday.
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.