Jerry is 44 years old, married and has four school-age children. Being a responsible father, he aimed to become successful and financially stable to continue sending his children to school and give them a bright future. Due to financial insufficiency, he engaged in raising fingerlings to generate additional income. He planned to raise more fingerlings but he doesn't have enough capital. Therefore, he is requesting an additional PHP 50,000 to purchase the needed feeds and fingerlings to raise. Through patience and hard work, he believes that he will make an improvement in the business and he hopes that someday, he will become successful and financially stable.
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.