Jonalyn is 34 years old and is married to Herman, a father who is engaged inthe agricultural business. The couple is thankful because they have been blessed with four children. Aside from the agricultural business, Jonalyn is engaged in her sari-sari store. She has been in this business for 15 years. She usually earns about 350 PHP a day. For this store, Jonalyn is asking a loan in the amount of 50,000 PHP to buy canned goods, noodles, soap, beverages, assorted breads and condiments to sell. She hopes that she can obtain her desired loan to improve her business.
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.