Jocelyn is 32 years of age, married and blessed with one child. She is happy living with her husband and child. Jocelyn and her husband manage a fruit and vegetable vending business in the market. With their desire to have other sources of income that would help them prepare for a better future, Jocelyn also manages an agricultural business. She and her husband have been growing rice for three years. Jocelyn wants a loan of PHP 50,000 to buy fertilizer and rice seed to grow in their field. She believes that the loan will have a positive result toward attaining their desire.
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.