At age 19, Jonalyn got married. Now age 39, she is still married and blessed with three children. Her children are in high school and elementary school. Jonalyn's priority in life is to prepare for the college level of education for her children. She wants to see that her children will become professionals some day.
Jonalyn runs a rice-farming business with an area of five hectares. She and her husband manage their farm. She has been in this business since she got married. Jonalyn and her husband are conducting some field activities to minimize their labor expenses. Since they don’t have enough capital to hire laborers, Jonalyn is asking for a loan of 50,000 PHP to buy hybrid seeds of rice, fertilizers and herbicides, and pay for the labor costs of rice farming.
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.