Jayson is 26, married and has 2 infant-age children. He plans to earn and save more income to satisfy his family's needs and build his own house someday. To generate income, he cultivates their farm land by planting rice and vegetables for sale. He also uses his motorcycle transport to earn additional income.
Due to insufficient capital, he is asking for additional capital of 35,000 PHP to buy gasoline, wheels and other spare parts needed for the maintenance of his motorcycle. Despite problems and difficulties in life, he has the determination to improve their status of living. For he believes that through patience and hard work, he will improve their status of living in the future.
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.