Jocelyn is 20 years old, single, and lives with her parents in Alcala. She is a helpful child. Jocelyn helps her parents in their farming business because she no longer can continue her studying due to financial difficulties. The income generated from farming went towards her family's daily meals, paying bills at home and was used as revolving capital in the business.
She hoped to keep improving their crop production for a profitable harvest but had insufficient funds. Because of this, she is asking for a loan of PHP10,000 to buy fertilizers and insecticides and to pay the labor costs of farming. She hopes to keep improving their crop production, to help her parents improve their living conditions, and to progress the best they can.
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.