Zenaida is 51 years old, married with two children. She is a friendly person who operates a sari-sari business. She wakes up early in the morning to prepare her store in order to acquire higher sales every day.
To satisfy the needs of her customers, she is requesting a loan of 15,000 PHP to buy additional products such as canned goods, noodles and soft drinks. She hopes that her business will expand so that she can meet all the needs of her family, especially to 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.