Zenaida is 49 years of age, married and has six children. Three of her children are already married, two are still studying and the other has graduated.
Zenaida grows rice crops in her local community. She aims to keep her rice field productive and profitable every cropping season but because she struggles for lack of capital, she is now requesting the financial assistance of KIVA lenders. She would like to borrow PHP 20,000 to buy seedlings, fertilizer and insecticides to ensure good production of her rice field. Zenaida is looking forward to the approval of her requested loan so she could further improve her business and secure the future of her family and especially 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.