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Gerry is 34 years old and married to Vivian, his business partner in their photo copier shop located along Bachelor Street in Dubinan East Santiago City just in front of the University of La Salette, where most of their customers are teachers and students. They have been engaged in this business for almost eight years.

Since technology is becoming more advanced, Gerry is requesting a loan of PHP 50, 000 to buy materials and an upgraded Xerox machine. This loan will enable his business to grow and become more stable for the future of their children. He is hoping that his request will be granted.

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

  • $7,000
    Average annual income
  • 1469
    View loans »
    Philippines Loans Fundraising
  • $59,150,875
    Funds lent in using Kiva
  • 47.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Gerry business capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 14, 2009
Jun 3, 2009
Currency Exchange Loss:
Dec 15, 2009