Zenaida is 39 years old. She is engaged in a piggery business and has been doing this for almost 20 years, earning an average amount of PHP 10,000 every six months. This is carefully used and maximized for her family.
This is the sad part of gaining low income. Zenaida really needs to budget every single coin. She wants to earn a higher profit by asking for a loan of PHP 30,000 as additional working capital to buy pigs, vitamins, and feed. She hopes this will provide a fitting lifestyle for her family.
Zenaida has two children who are currently studying. As of now, she is working hard to earn money for their daily living, especially for the education of her children.
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.