Jomar is 33 years old and still single. He operates a motorcycle transport business in his community to earn his daily income.
Jomar is requesting a 5,000 PHP loan to buy gasoline, spare parts, and accessories needed to maintain his motorcycle. In the future, he hopes to earn and save more money to support his parents and save for his future. Through patience and hard work, Jomar believes that he will able to improve his family’s living standard.
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.