Jonelyn is a responsible housewife who supports her husband in managing their rice farming business to ensure a high production. She and her husband aim to increase their rice production and income to satisfy their necessities and support the education of their child. For this reason, she is asking for additional capital of PHP 6,000 to buy fertilizers and herbicides needed to sustain their rice production. She is hoping that this loan will help them improve their farming business and increase their production this coming harvest season.
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.