Jonalyn is well known in her village as a good citizen. She is 39 years of age and is married to Orlando. The couple is thankful, because they have been blessed with two school-aged children.
To raise her family, Jonalyn is engaged in a hog-raising business. She has been doing this activity for over three years. She wants to have more hogs to raise, but she lack the necessary capital. In this regard, Jonalyn is asking for a loan in the amount of PHP 40,000 to buy additional hogs to raise and feed for them. She hopes to grow her business as well as their family status.
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.