“Work hard to have a good harvest”; this is the principle of life of Jocelyn Q., a 40-year-old resident of Bangar, Solano, Nueva Vizcaya. She is married to Joseph and they have three children, all students. The eldest is in his second year of college, the second is a fourth-year high school student and the youngest is already in pre-school. The couple helps each other manage their farming business, which is the source of income for their family.
Aside from farming, Jocelyn also sells the vegetables that they harvest. She accompanies her husband in planting rice and vegetables on their farm. With her desire to increase their harvest, she is applying for loan of PHP 8,000 for maintaining their farm. She believes that the amount will be very useful for the growth of their business.
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.