At her age of 41, Jean is still single. She lives with her parents at Jurisdiccion, Amulung. Her parents are too old to do farming activities so Jean involves herself in this field of work to provide sustenance for the family. She also hires laborers to help her do farming activities. She has been in the farming business for almost 10 years and earns approximately 10,000 Philippines pesos (P) each harvest season of April and November.
She would like to improve her income, but she has insufficient funds, so she is now asking for the loan of P10,000 to buy seeds and fertilizers and to pay for labor to use in farming.
In the future, she would like to save funds for future expenses, especially since her parents are getting weak and old.
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.