Zenaida is married and has been involved in rice farming for over 20 years now. She and her spouse plant and harvest rice to sell. They have two children and their income goes towards all their expenses.
Zenaida still aims for improving her business, so she is asking for a loan of P15,000 to buy fertilizers, seeds to grow, and to pay labor expenses in farming. With this additional capital, she will be able to have enough sustenance in her farming business.
Zenaida hopes for fruitful crops every harvest season in order to make her income stable.
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.