Zenaida is a hog raiser within her local community. She is 52 years old and a widow, with one child. She is indeed thankful to God because of His unending guidance and support to her business and family even though she's a single parent now.
Zenaida still hopes for a better future and to have a viable source of income someday. In realization of her hopes and dreams, Zenaida works hard and patiently runs her hog raising business. Aside from the hog raising business, she also has a rice field. Zenaida doesn't only focus on business and family, instead she performs her duties and responsibilities to her local community being the 'Barangay' (township) Secretary. Profits gained from her businesses go immediately to household expenses and the daily allowance and tuition fees of her child.
Zenaida struggles with a shortage of capital because of her expenses in her farming business. With regard to her situation, she is requesting a loan of PHP 15,000, allowing her to buy and stock hog feed and vitamins for her raised hogs. She hopes to obtain her requested loan to earn enough profit so she can let her only child finish her studies and be able to cover their daily necessities in 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.