Jocelyn is married to a farmer. She has four children but only two of them attend school. Jocelyn helps her husband plant and harvest rice. Income from the business goes towards meals and allowances for their two children.
She requests a loan of P23,000 to buy fertilizer and insecticides used in farming.
In the future, Jocelyn would like to keep making their business more profitable. She hopes to give her children a good education and hopes that they earn a degree and seek better employment.
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.