Zenaida is married and lives with her husband and five children. She is engaged in agriculture and cultivates her land, but her current income is not enough to sustain her family properly. Zenaida would like to develop her agriculture business and get more income. She is requesting a 50,000 PHP loan to purchase corn and rice seeds, and fertilizer. Her loan will help her earn additional income, pay for her children’s education, and ensure a sustainable future for her family.
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.