Jonabelle is a hard working mother who aims to improve her family's standard of living and to educate all of her children. She is 36 years old and has five school-aged children. She raised her family in a rural community and the family is engaged in planting corn, vegetables and also raising livestock to generate income. She mentioned that sometimes they experienced financial difficulty due to calamities and the high cost of commodities. But being a resourceful parent, she was able to support her family.
She planned to cultivate a 1.5 hectares of farm land for corn plantation to increase the corn's yields, but because of financial constraints she is requesting additional capital of P25,000 to buy fertilizers, insecticides and pay for the labor cost required to plant corn. She believes that when she works hard and give her best her family will have a fruitful harvest.
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.