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