Leonida is a 58-year-old client who lives with her husband and four children in their own house in Manaring, Ilagan, Isabela. Leonida lives in the rural part of this area with only electricity service. Leonida is eager to raise her family and give them a better quality of life. Leonida works daily, selling different products in her store. She has many customers because she is very approachable. Leonida also raises poultry which she sells to the people of her village and in the local market.
She is requesting a loan of 30,000 PHP to purchase different products such as fish, vinegar, soy sauce, coffee, bread, noodles and canned goods to sell. This loan will allow her to continue to develop her business and improve her quality of 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.