Check out some available loans that are similar to this one!
Jenny
Jenny lives in the village of Barangay Natappian West Solana, Cagayan. Her husband works as a simple farmer. While free from farming duties, Jenny operates their old “kalesa” transport business that still exists in Solana, Cagayan. A “kalesa” is a cart which is pulled by a horse. Its use dates back to the Spanish regime in the Philippines. Jenny says that the “kalesa” is helpful to their daily living. It does not require the expense of gasoline, which is also a great contribution to the environment. She further said that this type of transportation will last for a long time and is something they can rely on.


She is asking for a loan of PHP 13,000 for business necessities such as improvement of the cart used in their transportation business. The cart they use is old and is in need of repair in order to give their passenger comfort as they ride. Jenny is 24 years old and soon will have a child to support with its education and basic needs.

Additional Information

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.

ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.

About Philippines

  • $1175
    Average annual income
  • 357
    View loans »
    Philippines Loans Fundraising
  • $52,107,000
    Funds lent in using Kiva
  • 47.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Jenny business improvement.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2009
Listed
May 20, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009