Leonila is 66 years old, married and blessed with six children. Five of her children are married, while the other one is searching for a job. Leonila manages 21,000 square meters of rice field, a motorcycle transport business and a tailoring business.
Leonila started her tailoring and rice farming businesses in 1971. Her income from her rice field and tailoring goes toward their daily necessities and savings and is used for the repair and maintenance of her motorcycle transport. At her age, she aims to have a viable source of income because she is getting old. She is seeking additional capital of PHP25,000 which will allow her to buy garments and thread, in addition to paying the salary of her one helper. She hopes that her tailoring business will continue to improve so she can earn a greater amount of income. She hopes it will take care of her family's needs and provide savings for emergency purposes if she gets weak.
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.