Jocelyn is engaged in a retail business. With her determination to succeed and to help her husband to provide for their needs, Jocelyn is also running a rice-farming business. She helps her husband running the business, exchanging ideas for better results.
Jocelyn is requesting a loan of PHP 40,000 to buy fertilizers and herbicides for her rice. She hopes to use the loan properly and manage well the business to get high yields and profits as well. Through her earnings from farming, she will immediately be able to provide for their needs and hopes to succeed.
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.